Entravision Communication Sets New 12-Month Low at $4.20 (EVC)
Entravision Communication (NYSE:EVC) shares reached a new 52-week low during trading on Tuesday , AnalystRatingsNetwork reports. The stock traded as low as $4.20 and last traded at $4.28, with a volume of 591,438 shares changing hands. The stock had previously closed at $4.46.
The stock has a 50-day moving average of $5.78 and a 200-day moving average of $5.85. The company has a market cap of $385.1 million and a price-to-earnings ratio of 2.84.
Entravision Communication (NYSE:EVC) last posted its quarterly earnings results on Wednesday, August 6th. The company reported $0.10 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.11 by $0.01. The company had revenue of $61.90 million for the quarter, compared to the consensus estimate of $64.81 million. During the same quarter last year, the company posted $0.06 earnings per share. Entravision Communication’s revenue was up 8.6% compared to the same quarter last year. On average, analysts predict that Entravision Communication will post $0.35 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Tuesday, September 30th. Stockholders of record on Monday, September 15th will be given a dividend of $0.025 per share. This represents a $0.10 dividend on an annualized basis and a yield of 2.24%. The ex-dividend date of this dividend is Thursday, September 11th.
Entravision Communications Corporation (NYSE:EVC) is a diversified Spanish-language media company utilizing a combination of television and radio operations to reach Hispanic consumers across the United States, as well as the border markets of Mexico.
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