In the past week, EVC stock has gone up by 11.17%, with a monthly gain of 15.08% and a quarterly surge of 12.81%. The volatility ratio for the week is 5.04%, and the volatility levels for the last 30 days are 4.09% for Entravision Communications Corp. The simple moving average for the past 20 days is 10.55% for EVC’s stock, with a -5.11% simple moving average for the past 200 days.
Is It Worth Investing in Entravision Communications Corp. (NYSE: EVC) Right Now?
Moreover, the 36-month beta value for EVC is 1.01. Analysts have varying opinions on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 1 as “hold,” and 0 as “sell.”
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The public float for EVC is 61.20M and currently, short sellers hold a 2.26% of that float. On October 18, 2024, EVC’s average trading volume was 319.25K shares.
EVC) stock’s latest price update
The stock price of Entravision Communications Corp. (NYSE: EVC) has jumped by 5.05 compared to previous close of 2.18. Despite this, the company has seen a gain of 11.17% in its stock price over the last five trading days. businesswire.com reported 2024-10-16 that SANTA MONICA, Calif.–(BUSINESS WIRE)–Entravision Communications Corporation (NYSE: EVC) (“Entravision” or the “Company”) today announced several key leadership appointments aimed at bolstering its sales growth strategy and operational effectiveness: Juan Navarro has been appointed Chief Revenue Officer, after previously serving as Executive Vice President of Local Sales. Mr. Navarro will succeed Karl Meyer, who is departing the company. Marcelo Gaete has been appointed Chief Government Affair.
Analysts’ Opinion of EVC
Wedbush, on the other hand, stated in their research note that they expect to see EVC reach a price target of $7, previously predicting the price at $9. The rating they have provided for EVC stocks is “Neutral” according to the report published on January 17th, 2017.
Wedbush gave a rating of “Outperform” to EVC, setting the target price at $10 in the report published on October 12th of the previous year.
EVC Trading at 14.68% from the 50-Day Moving Average
After a stumble in the market that brought EVC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -48.07% of loss for the given period.
Volatility was left at 4.09%, however, over the last 30 days, the volatility rate increased by 5.04%, as shares surge +12.25% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +25.82% upper at present.
During the last 5 trading sessions, EVC rose by +11.17%, which changed the moving average for the period of 200-days by -43.32% in comparison to the 20-day moving average, which settled at $2.07. In addition, Entravision Communications Corp. saw -45.08% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at EVC starting from Meyer Karl Alonso, who purchase 5,000 shares at the price of $1.36 back on Mar 15 ’24. After this action, Meyer Karl Alonso now owns 633,914 shares of Entravision Communications Corp., valued at $6,799 using the latest closing price.
Christenson Michael J, the Chief Executive Officer of Entravision Communications Corp., purchase 100,000 shares at $1.67 during a trade that took place back on Mar 07 ’24, which means that Christenson Michael J is holding 1,402,170 shares at $167,250 based on the most recent closing price.
Stock Fundamentals for EVC
Current profitability levels for the company are sitting at:
- -0.0 for the present operating margin
- 0.14 for the gross margin
The net margin for Entravision Communications Corp. stands at -0.05. The total capital return value is set at -0.0. Equity return is now at value -26.70, with -8.45 for asset returns.
Based on Entravision Communications Corp. (EVC), the company’s capital structure generated 0.47 points at debt to capital in total, while cash flow to debt ratio is standing at 0.4. The debt to equity ratio resting at 0.88. The interest coverage ratio of the stock is -0.14.
Currently, EBITDA for the company is 35.72 million with net debt to EBITDA at 6.69. When we switch over and look at the enterprise to sales, we see a ratio of 0.38. The receivables turnover for the company is 13.87for trailing twelve months and the total asset turnover is 1.68. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.04.
Conclusion
To wrap up, the performance of Entravision Communications Corp. (EVC) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
