Entravision Communications Corp (EVC) Down -31.13% From Its 52-Week High, But Growth Potential Is Changing Over Time

Entravision Communications Corp (NYSE:EVC) currently has a daily average trading volume of 326.81K but it saw 253805 shares traded in last market. With a market cap of 171.04M USD, the company’s current market price of $1.88 remained unchanged while comparing to the previous closing price of $1.88. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.73 and as low as $1.58. In the recent trading on the day, stock has struck highest price mark of $1.8337 while lowest mark touched by it was $1.9026.

Taking a look at 20-day trading activity of Entravision Communications Corp (EVC) gives us an average price of $2.0020, while its current price level is -31.13% below from 52-week high level whereas it is 18.97% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $2.0534 while that of 200 days or SMA-200 reads an average of $2.1586. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.50% during that period while stretching the period over a month that increases to 5.96%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 42.54 which implies that the stock is in neutral territory.

Wedbush downgraded its recommendation for the stock as a “Neutral” from “Outperform” on January 17, 2017 while assigning a price target range of $9-$7. Wedbush issued its recommendations for the stock as it upgraded the price target for the stock is $10.

Over the week, EVC’s stock price is moving 1.62% up while it is -12.56% when we observe its performance for the past one month. Year-to-date it is -20.00% down and over the past year, the stock is showing a downside performance of -4.08%.

Currently, Entravision Communications Corp’s total number of outstanding shares is 81.62M. Company’s return on investment (ROI) stands at -27.65% and return on equity (ROE) at -60.60%. Stock’s beta reads 1.49. Stock has a price to book (P/B) ratio of 1.17 while price to sale or P/S ratio amounts to 0.30. Its return on asset (ROA) is -15.94% on average.