Entravision Communications Corporation (NYSE:EVC - Get Free Report) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $2.13 and traded as high as $2.60. Entravision Communications shares last traded at $2.59, with a volume of 152,824 shares trading hands.
Entravision Communications Trading Up 1.0%
The firm's 50-day simple moving average is $2.16 and its 200-day simple moving average is $2.13. The company has a quick ratio of 2.93, a current ratio of 2.93 and a debt-to-equity ratio of 1.93. The firm has a market capitalization of $229.71 million, a PE ratio of -1.55 and a beta of 1.52.
Entravision Communications (NYSE:EVC - Get Free Report) last posted its quarterly earnings results on Thursday, May 8th. The company reported $0.01 earnings per share (EPS) for the quarter. Entravision Communications had a negative net margin of 39.08% and a negative return on equity of 36.86%.
Entravision Communications Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Monday, June 16th were paid a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 7.92%. The ex-dividend date was Monday, June 16th. Entravision Communications's dividend payout ratio (DPR) is -12.27%.
Hedge Funds Weigh In On Entravision Communications
Several hedge funds and other institutional investors have recently modified their holdings of the company. Goldman Sachs Group Inc. raised its stake in shares of Entravision Communications by 14.0% during the first quarter. Goldman Sachs Group Inc. now owns 595,685 shares of the company's stock valued at $1,251,000 after acquiring an additional 73,103 shares during the last quarter. Jane Street Group LLC raised its stake in Entravision Communications by 146.2% in the first quarter. Jane Street Group LLC now owns 38,070 shares of the company's stock worth $80,000 after buying an additional 22,606 shares in the last quarter. Empowered Funds LLC raised its stake in Entravision Communications by 7.4% in the first quarter. Empowered Funds LLC now owns 470,465 shares of the company's stock worth $988,000 after buying an additional 32,321 shares in the last quarter. AQR Capital Management LLC bought a new position in Entravision Communications in the first quarter worth about $28,000. Finally, Corsair Capital Management L.P. bought a new position in Entravision Communications in the first quarter worth about $55,000. 69.46% of the stock is owned by institutional investors.
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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