Entravision Communications Corporation (NYSE:EVC - Get Free Report)'s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $2.81 and traded as high as $3.06. Entravision Communications shares last traded at $3.0250, with a volume of 224,879 shares trading hands.
Analyst Ratings Changes
Separately, Weiss Ratings reissued a "sell (d)" rating on shares of Entravision Communications in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has a consensus rating of "Sell".
Get Our Latest Report on EVC
Entravision Communications Stock Performance
The firm's fifty day moving average price is $3.03 and its 200-day moving average price is $2.81. The company has a market cap of $278.19 million, a P/E ratio of -3.44 and a beta of 1.21. The company has a current ratio of 1.51, a quick ratio of 1.51 and a debt-to-equity ratio of 2.65.
Entravision Communications Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 17th were given a $0.05 dividend. The ex-dividend date was Tuesday, March 17th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 6.6%. Entravision Communications's dividend payout ratio (DPR) is currently -22.73%.
Institutional Trading of Entravision Communications
A number of institutional investors and hedge funds have recently modified their holdings of the company. Vanguard Group Inc. lifted its position in Entravision Communications by 1.1% in the third quarter. Vanguard Group Inc. now owns 3,336,040 shares of the company's stock worth $7,773,000 after purchasing an additional 36,503 shares during the period. State Street Corp increased its holdings in Entravision Communications by 0.7% in the 4th quarter. State Street Corp now owns 1,413,637 shares of the company's stock valued at $4,142,000 after buying an additional 9,597 shares during the period. Bridgeway Capital Management LLC raised its stake in shares of Entravision Communications by 3.7% in the 3rd quarter. Bridgeway Capital Management LLC now owns 998,610 shares of the company's stock valued at $2,327,000 after buying an additional 35,391 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in shares of Entravision Communications by 59.5% in the 4th quarter. Goldman Sachs Group Inc. now owns 775,566 shares of the company's stock valued at $2,272,000 after buying an additional 289,451 shares in the last quarter. Finally, Gamco Investors INC. ET AL lifted its holdings in shares of Entravision Communications by 2.3% during the 4th quarter. Gamco Investors INC. ET AL now owns 601,000 shares of the company's stock worth $1,761,000 after acquiring an additional 13,226 shares during the period. 69.46% of the stock is currently owned by institutional investors.
About Entravision Communications
(
Get Free Report)
Entravision Communications Corporation NYSE: EVC is a diversified Spanish-language media and advertising company headquartered in Santa Monica, California. The company develops and distributes multimedia content tailored to Hispanic audiences across the United States, leveraging a combination of traditional broadcasting and digital platforms to reach consumers and marketers seeking to engage this fast-growing demographic.
In its broadcasting segment, Entravision owns and operates more than 50 television stations affiliated primarily with leading Spanish-language networks, as well as over 40 radio stations in key U.S.
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