EVC Stock Summary and Trading Ideas (Entravision Comms | NYSE:EVC)

Entravision Communications Corp is a global advertising solutions, media, and technology 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, audio broadcasting, and digital media segments. The Company's digital segment, whose operations are located in Europe, Latin America, Asia, the United States, and Africa. The Company's television and audio operations reach and engage U.S. Hispanics in the United States.

Entravision Comms trades on the NYSE stock market under the symbol EVC.

As of April 19, 2024, EVC stock price climbed to $2.10 with 872,897 million shares trading.

EVC has a beta of 2.39, meaning it tends to be more sensitive to market movements. EVC has a correlation of 0.07 to the broad based SPY ETF.

EVC has a market cap of $187.99 million. This is considered a Micro Cap stock.

Last quarter Entravision Comms reported $320 million in Revenue and -$.21 earnings per share. This beat revenue expectation by $12 million and missed earnings estimates by -$.28.

In the last 3 years, EVC stock traded as high as $9.34 and as low as $1.33.

The top ETF exchange traded funds that EVC belongs to (by Net Assets): VTI, IWM, VXF, IWO, DES.

EVC has underperformed the market in the last year with a return of -63.2%, while the SPY ETF gained +21.2%. In the last 3 month period, EVC fell short of the market, returning -44.6%, while SPY returned +4.3%. However, in the most recent 2 weeks EVC has outperformed the stock market by returning +11.7%, while SPY returned -3.5%.

EVC support price is $1.90 and resistance is $2.06 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that EVC stock will trade within this expected range on the day.