Entravision Communications Corp (NYSE:EVC) does about 263.88K shares in volume on a normal day but saw 1704392 shares change hands in the recent trading day. The company now has a market cap of 212.37M USD. Its current market price is $2.36, marking a decrease of -2.88% compared to the previous close of $2.43. The 52 week high reached by this stock is $4.41 whilst the lowest price level in 52 weeks is $1.33.
Entravision Communications Corp (EVC) has a 20-day trading average at $2.44 and the current price is -46.49% off the 52-week high compared with 77.44% distance from its 52-week low. The 50-day simple moving average of the closing price is $2.36 and its 200-day simple moving average is $2.08. If we look at the stock’s price movements over the week, volatility stands at 4.94%, which decreases to 4.32% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 45.51 to suggest the stock is neutral.
The consensus objective for the share price is $3.50, suggesting that the stock has a potential upside of 32.57% over the period.
Wedbush also downgraded the stock to “Neutral” from Outperform on January 17, 2017 at a price target of $9-$7. Wedbush upgraded its price target at $10.
The current price level is -3.22%, 0.09%, and 13.37% away from its SMA20, SMA50, and SMA200 respectively, with the EVC price moving above the 50-day SMA on current market day. Entravision Communications Corp (EVC) stock is down -8.17% over the week and -8.17% over the past month. Its price is -43.41% year-to-date and -43.68% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.
To reach the target analysts have set, the stock logically needs to grow 32.57 percent from here.
Outstanding shares total 80.63M with insiders holding 26.77% of the shares and institutional holders owning 60.14% of the company’s common stock. The company has a return on investment of -15.00% and return on equity of -33.27%. The beta has a value of 1.00. Price to book ratio is 1.02 and price to sales ratio is 0.27.
