Shares of Entravision Communications Corp. (NYSE:EVC) gapped up prior to trading on Thursday . The stock had previously closed at $7.51, but opened at $7.52. Entravision Communications Corp. shares last traded at $7.61, with a volume of 58,501 shares changing hands.

Separately, Zacks Investment Research lowered Entravision Communications Corp. from a “hold” rating to a “sell” rating in a research report on Friday, August 5th.

The stock has a market cap of $681.38 million and a P/E ratio of 30.44. The stock’s 50 day moving average price is $7.53 and its 200 day moving average price is $7.34.

Entravision Communications Corp. (NYSE:EVC) last released its quarterly earnings results on Wednesday, August 3rd. The company reported $0.06 EPS for the quarter, meeting the consensus estimate of $0.06. The business earned $64.82 million during the quarter, compared to analyst estimates of $63.38 million. During the same quarter in the prior year, the company earned $0.06 earnings per share. The firm’s revenue for the quarter was up 8.2% compared to the same quarter last year. On average, equities research analysts expect that Entravision Communications Corp. will post $0.32 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 30th. Stockholders of record on Thursday, September 15th will be given a $0.0313 dividend. The ex-dividend date of this dividend is Tuesday, September 13th. This represents a $0.13 annualized dividend and a dividend yield of 1.64%.

In other news, Director Esteban E. Torres sold 108,179 shares of the stock in a transaction that occurred on Monday, June 27th. The shares were sold at an average price of $6.16, for a total value of $666,382.64. Following the sale, the director now directly owns 108,179 shares in the company, valued at $666,382.64. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed 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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