Currently, Entravision Communications Corp.’s (EVC) stock is trading at $1.73, marking a fall of -51.54% from last night’s close. At this price, the stock is -74.78% below its 52-week high of $6.86 and -48.36% above its 52-week low of $3.35. Based on the past 30-day period, the stock price is -58.57% below the high and +3.28% above the low.
The 200-day Simple moving average is often placed more emphasis on by traders because of daily price changes. Investors will use the SMA-200 in different situations in trading activity as a key indicator to determine their support and resistance levels, and at the moment, EVC’s SMA-200 is $4.04.
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As well, it is important to consider EVC stock ratios such as price-to-sales, which is currently 0.14.Likewise, its price to free cash flow for the last twelve months stands at 3.28. EVC’s price to book ratio for the most recent quarter was 0.64, resulting in an 1.18 price to cash per share for the period.
How does Entravision Communications Corp. (EVC) stock rate among analysts? Buy, sell, or hold?
The key to trading is to concentrate on the future rather than on the past. During uncertain times, it can be hard to make decisions. The analysts who understand how a market works are usually the most accurate at forecasting its future. Currently, there are 2 brokerage firms that recommend the stock as a Strong Buy. The ratings are commonly aggregated into a single number between 1 and 5. Buy or strong buy is scored 5, outperform is scored 4, hold is scored 3, underperform is scored 2 and strong sell is 1. Using a scale of 1-5, the current average recommendation is 5.00 in simple terms.
Entravision Communications Corp. (EVC): Earnings History
If we examine Entravision Communications Corp.’s recent earnings history, in the last quarter ended on 9/29/2023, it posted adjusted earnings per share of $0.04, slashing the consensus of $0.04. In other words, it topped the consensus by $0, resulting in a 0.00% surprise. In the 3 months period before the previous quarter which was closed on 9/29/2023, the stock recorded adjusted earnings per share of $0.04 in contrast with the Outlook of $0.04. That was a difference of $0 and a surprise of 0.00%.
Entravision Communications Corp. (NYSE: EVC) Ownership Details
I will give a breakdown of the key shareholders in Entravision Communications Corp. (EVC). Recent figures show that the company’s insiders hold 26.44% of shares. A total of 160 institutional investors hold shares in the company, making 65.06% of its stock and 88.44% of its float.
Jun 29, 2023, it was reported that the Company’s largest institutional holder is American Century Companies, Inc. holding total of 10.62 million shares that make 13.50% of the company’s total number of shares and are currently priced at 46.61 million.
The securities firm Blackrock Inc. holds 6.14 million shares of EVC, making it the second largest institutional shareholder. Taking this into account, the holding percentage comes to 7.81%, and the holding percentage of shares is valued at 26.97 million.
An overview of Entravision Communications Corp.’s technicals
In order to learn about trade movements and investor behavior, it is best to analyze the short, medium, and long term technical indicators along with the average volume of a stock. A 20-day average of the stock’s daily volume suggests Entravision Communications Corp. (EVC) traded 547,951 shares per day, with a moving average of $3.76 and price change of -2.30. With the moving average of $3.95 and a price change of -2.61, about 359,798 shares changed hands on average over the past 50 days. Finally, EVC’s 100-day average volume is 303,797 shares, alongside a moving average of $3.96 and a price change of -2.07.
