Entravision Communications (NYSE:EVC) Stock Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Entravision Communications Co. (NYSE:EVC)’s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $2.06 and traded as high as $2.35. Entravision Communications shares last traded at $2.29, with a volume of 140,749 shares.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Entravision Communications from a “sell” rating to a “hold” rating in a research report on Saturday, July 20th.

Entravision Communications Stock Up 0.6 %

The company has a market cap of $209.22 million, a price-to-earnings ratio of -2.20 and a beta of 0.98. The stock has a fifty day moving average price of $2.07 and a two-hundred day moving average price of $2.06. The company has a quick ratio of 3.04, a current ratio of 3.04 and a debt-to-equity ratio of 0.85.

Entravision Communications (NYSE:EVC) last released its earnings results on Thursday, August 8th. The company reported $0.04 earnings per share (EPS) for the quarter. Entravision Communications had a negative return on equity of 5.24% and a negative net margin of 10.06%. The firm had revenue of $82.65 million for the quarter.

Entravision Communications Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Monday, September 16th were issued a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 8.60%. The ex-dividend date was Monday, September 16th. Entravision Communications’s dividend payout ratio (DPR) is currently -18.52%.

Institutional Trading of Entravision Communications

Several hedge funds and other institutional investors have recently made changes to their positions in the company. SG Americas Securities LLC grew its holdings in shares of Entravision Communications by 51.2% during the first quarter. SG Americas Securities LLC now owns 24,437 shares of the company’s stock worth $40,000 after purchasing an additional 8,280 shares during the last quarter. Rhumbline Advisers lifted its stake in shares of Entravision Communications by 15.5% in the second quarter. Rhumbline Advisers now owns 96,011 shares of the company’s stock worth $195,000 after acquiring an additional 12,880 shares during the period. The Manufacturers Life Insurance Company lifted its stake in shares of Entravision Communications by 122.9% in the second quarter. The Manufacturers Life Insurance Company now owns 29,154 shares of the company’s stock worth $59,000 after acquiring an additional 16,072 shares during the period. Founders Financial Securities LLC acquired a new position in shares of Entravision Communications in the second quarter worth approximately $33,000. Finally, Fidelis Capital Partners LLC acquired a new position in shares of Entravision Communications in the second quarter worth approximately $46,000. 69.46% of the stock is currently owned by institutional investors.

Entravision Communications Company Profile

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.