Shares of Entravision Communications Corporation (EVC) Rise Above Previous 52-Week High

March 11, 2021 11:54:46

Shares of Entravision Communications Corporation (NYSE:EVC) traded today at $3.69, eclipsing its 52-week high. This new high was reached on below average trading volume as 66,000 shares traded hands, while the average 30-day volume is approximately 342,000 shares.

Entravision Communications Corporation has overhead space with shares priced $3.67, or 10.0% below the average consensus analyst price target of $4.07.

Entravision Communications Corp is a global media company. Its operations encompass integrated marketing and media solutions, comprised of television, radio and digital properties and data analytics services. The company operates in television broadcasting, radio broadcasting, and digital media. It owns and operates around 49 radio stations in 16 U.S. markets. The radio stations consist of approx 38 FM and 11 AM stations located in Arizona, California, Colorado, Florida, Nevada, New Mexico, and Texas. It also provides digital advertising solutions that allow advertisers to reach primarily online Hispanic audiences worldwide. The company generates revenue primarily from sales of national and local advertising time on television stations, radio stations, and digital media platforms.

In the past 52 weeks, Entravision Communications Corporation share prices are bracketed by a low of $1.10 and a high of $3.69 and is now at $3.67, 233% above that low price.

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