Entravision Communications Corp. (EVC) Trading Up 0.8%
Entravision Communications Corp. (NYSE:EVC) was up 0.8% during mid-day trading on Wednesday . The stock traded as high as $7.54 and last traded at $7.50, with a volume of 131,950 shares traded. The stock had previously closed at $7.44.
Separately, Zacks Investment Research raised shares of Entravision Communications Corp. from a “sell” rating to a “hold” rating in a research report on Tuesday, May 3rd.
The company has a market capitalization of $673.32 million and a PE ratio of 30.08. The firm’s 50 day moving average price is $7.51 and its 200 day moving average price is $7.34.
Entravision Communications Corp. (NYSE:EVC) last issued its quarterly earnings results on Wednesday, August 3rd. The company reported $0.06 EPS for the quarter, hitting the consensus estimate of $0.06. During the same period last year, the company posted $0.06 EPS. The company had revenue of $64.82 million for the quarter, compared to analyst estimates of $63.38 million. The business’s revenue for the quarter was up 8.2% on a year-over-year basis. Equities analysts predict that Entravision Communications Corp. will post $0.32 EPS for the current year.
The business also recently declared a quarterly dividend, which will be paid on Friday, September 30th. Investors of record on Thursday, September 15th will be given a dividend of $0.0313 per share. This represents a $0.13 annualized dividend and a yield of 1.66%. The ex-dividend date of this dividend is Tuesday, September 13th.
In related news, Director Esteban E. Torres sold 108,179 shares of the company’s stock in a transaction that occurred on Monday, June 27th. The shares were sold at an average price of $6.16, for a total transaction of $666,382.64. Following the completion of the transaction, the director now owns 108,179 shares of the company’s stock, valued at $666,382.64. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
Entravision Communications Corporation is a media company. The Company reaches and engages Hispanics in the United States and certain border markets of Mexico across media channels and advertising platforms. The Company operates through three segments: television broadcasting, radio broadcasting and digital media.
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