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After Yesterday's Decline of 1.50%, Entravision Co-A Offers Investors Better Value

By James Quinn

Entravision Co-A (NYSE:EVC) traded in a range yesterday that spanned from a low of $2.59 to a high of $2.69. Yesterday, the shares fell 1.5%, which took the trading range below the 3-day low of $2.67 on volume of 73,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

SmarTrend is tracking the current trend status for Entravision Co-A and will alert subscribers who have EVC in their portfolio or watchlist when shares have changed trend direction.

Entravision Co-A share prices have moved between a 52-week high of $5.42 and a 52-week low of $2.41 and are now trading 9% above that low price at $2.62 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 1% while the 200-day MA has remained constant.

Keywords: rebounders entravision co-a

Ticker(s): EVC