Shares of Entravision Communications Corporation (NYSE:EVC - Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $2.14 and traded as high as $2.45. Entravision Communications shares last traded at $2.35, with a volume of 261,242 shares traded.
Entravision Communications Stock Performance
The business has a fifty day simple moving average of $2.21 and a two-hundred day simple moving average of $2.14. The company has a debt-to-equity ratio of 1.93, a current ratio of 2.93 and a quick ratio of 2.93. The company has a market cap of $213.80 million, a PE ratio of -1.44 and a beta of 1.52.
Entravision Communications (NYSE:EVC - Get Free Report) last released its earnings results on Thursday, May 8th. The company reported $0.01 earnings per share (EPS) for the quarter. Entravision Communications had a negative return on equity of 36.86% and a negative net margin of 39.08%.
Entravision Communications Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Monday, June 16th were paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 8.51%. The ex-dividend date of this dividend was Monday, June 16th. Entravision Communications's dividend payout ratio (DPR) is -12.27%.
Hedge Funds Weigh In On Entravision Communications
Several institutional investors have recently modified their holdings of EVC. Boston Partners acquired a new stake in shares of Entravision Communications in the 4th quarter worth approximately $2,358,000. Gate City Capital Management LLC grew its stake in shares of Entravision Communications by 6.8% during the fourth quarter. Gate City Capital Management LLC now owns 10,473,634 shares of the company's stock valued at $24,613,000 after acquiring an additional 668,031 shares in the last quarter. Jacobs Levy Equity Management Inc. grew its stake in shares of Entravision Communications by 594.8% during the fourth quarter. Jacobs Levy Equity Management Inc. now owns 269,653 shares of the company's stock valued at $634,000 after acquiring an additional 230,845 shares in the last quarter. Millennium Management LLC grew its stake in Entravision Communications by 1,100.5% in the fourth quarter. Millennium Management LLC now owns 204,373 shares of the company's stock worth $480,000 after purchasing an additional 187,349 shares in the last quarter. Finally, Nuveen LLC bought a new position in Entravision Communications in the first quarter worth about $366,000. Institutional investors and hedge funds own 69.46% of the company's stock.
Entravision Communications Company Profile
(
Get Free Report)
Entravision Communications Corporation operates as an advertising solutions, media, and technology company worldwide. The company operates through three segments: Digital, Television, and Audio. It reaches and engages Hispanics in the United States. The company's portfolio encompasses integrated end-to-end advertising solutions, including digital, television, and audio properties.
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