Entravision Communications (NYSE:EVC) Stock Crosses Above 200 Day Moving Average - Time to Sell?

Key Points

• Entravision shares crossed above its 200-day moving average (200‑day MA $2.78), trading as high as $3.17 and last at $3.1040, modestly above the 50‑day SMA of $3.07.
• Analysts remain bearish—Weiss Ratings reaffirmed a Sell and the stock's MarketBeat average rating is "Sell."
• Fundamentals show high leverage and negative earnings (debt-to-equity 2.65, P/E -3.53, market cap ~$285M), but the company recently declared a quarterly dividend that annualizes to a 6.4% yield (ex-dividend March 17, payable March 31).

Entravision Communications Corporation (NYSE:EVC - Get Free Report) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $2.78 and traded as high as $3.17. Entravision Communications shares last traded at $3.1040, with a volume of 332,117 shares.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a "sell (d)" rating on shares of Entravision Communications in a report on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has an average rating of "Sell".

Entravision Communications Stock Performance

The business has a 50-day simple moving average of $3.07 and a 200 day simple moving average of $2.78. The company has a debt-to-equity ratio of 2.65, a current ratio of 1.51 and a quick ratio of 1.51. The firm has a market cap of $285.44 million, a PE ratio of -3.53 and a beta of 1.30.

Entravision Communications Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 17th will be paid a $0.05 dividend. The ex-dividend date of this dividend is Tuesday, March 17th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 6.4%. Entravision Communications's dividend payout ratio is -22.73%.

Institutional Investors Weigh In On Entravision Communications

Institutional investors have recently bought and sold shares of the business. SG Americas Securities LLC bought a new stake in Entravision Communications during the third quarter valued at about $27,000. AQR Capital Management LLC bought a new position in shares of Entravision Communications in the first quarter worth about $28,000. BNP Paribas Financial Markets grew its position in shares of Entravision Communications by 86.4% during the third quarter. BNP Paribas Financial Markets now owns 12,298 shares of the company's stock worth $29,000 after purchasing an additional 5,702 shares in the last quarter. Byrne Asset Management LLC bought a new stake in Entravision Communications during the 3rd quarter valued at approximately $33,000. Finally, StoneX Group Inc. bought a new position in Entravision Communications in the 4th quarter worth approximately $35,000. Hedge funds and other institutional investors own 69.46% of the company's stock.

About Entravision Communications

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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