Entravision Communications Corp (NYSE:EVC) traded at $2.53 at close of the session on current trade day and made an upward move of 9.05% on its previous day’s price.
Looking at the stock we see that its previous close was $2.32 and the beta (5Y monthly) reads 0.99 with the day’s price range being $2.2289 – $2.535. In terms of its 52-week price range, EVC has a high of $4.41 and a low of $1.33. The company’s stock has gained about 5.86% over that past 30 days.
Entravision Communications Corp has a market cap of $227.67 million and is expected to release its quarterly earnings report in February. With its Forward Dividend at 0.20 and a yield of 7.91%, the company’s investors could be anxious for the EVC stock to gain ahead of the earnings release.
On the other hand, looking at the outlook for the EVC stock, short term indicators assign the stock an average of 100% Buy, while medium term indicators assign it an average of 100% Buy.
Looking further, we note the current price level is 4.05% off its SMA20 and 4.56% from its 50-day simple moving average. The RSI (14) is pointing at 57.53 while the volatility over the past week is 6.42% and jumps to 5.90% over the past one month. The beta value is 0.99, while the average true range (ATR) is currently pointing at 0.13.
Coming back to Entravision Communications Corp (NYSE:EVC), we note that the average 3-month trading volume was 327.77K, while that of the preceding 10-day period stands at 0.32 million. Current shares outstanding are 80.63 million.
The insiders hold 32.42% of the company’s shares while institutions hold 52.83%. The data shows that short shares as of 2024-12-13, stood at 1.18 million at a short ratio of 4.34. This represents a 237.00 short interest in shares outstanding on 2024-12-13. Shares short fall in December from the previous month at 1.26 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 7.66% up in year-to-date price movement.
