Entravision Communications (NYSE:EVC) Upgraded at StockNews.com

Entravision Communications (NYSE:EVC) was upgraded by stock analysts at StockNews.com from a “sell” rating to a “hold” rating in a research note issued to investors on Tuesday.

Separately, TheStreet cut Entravision Communications from a “b-” rating to a “c” rating in a research note on Friday, August 4th.

Entravision Communications Stock Up 1.2 %

Shares of Entravision Communications stock opened at $4.13 on Tuesday. The company has a quick ratio of 1.50, a current ratio of 1.50 and a debt-to-equity ratio of 0.84. Entravision Communications has a 12 month low of $3.35 and a 12 month high of $7.32. The business has a fifty day simple moving average of $3.74 and a 200 day simple moving average of $4.11. The stock has a market cap of $363.44 million, a PE ratio of 413.41 and a beta of 1.20.

Insider Buying and Selling

In other Entravision Communications news, CEO Michael J. Christenson purchased 100,000 shares of the stock in a transaction on Wednesday, November 8th. The shares were purchased at an average price of $3.85 per share, with a total value of $385,000.00. Following the completion of the transaction, the chief executive officer now directly owns 1,302,170 shares in the company, valued at $5,013,354.50. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. 7.99% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Entravision Communications

A number of large investors have recently added to or reduced their stakes in the stock. Byrne Asset Management LLC bought a new position in shares of Entravision Communications in the 2nd quarter valued at $27,000. Tower Research Capital LLC TRC raised its holdings in shares of Entravision Communications by 103.6% in the 3rd quarter. Tower Research Capital LLC TRC now owns 7,245 shares of the company’s stock worth $28,000 after purchasing an additional 3,687 shares during the period. State of Wyoming bought a new stake in shares of Entravision Communications in the 2nd quarter worth approximately $29,000. UBS Group AG purchased a new position in Entravision Communications in the 3rd quarter valued at approximately $31,000. Finally, Quadrature Capital Ltd purchased a new position in shares of Entravision Communications during the 3rd quarter valued at $41,000. Institutional investors and hedge funds own 72.40% of the company’s stock.

Entravision Communications Company Profile

Entravision Communications Corporation operates as an advertising, media, and technology solutions company worldwide. The company operates through three segments: Digital, Television, and Audio. It reaches and engages Hispanics across acculturation levels and media channels. The company's portfolio encompasses integrated end-to-end advertising solutions, including digital, television, and audio properties.