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Shares of Entravision Co-A Rank the Highest in Terms of Beta in the Broadcasting Industry (EVC, TSQ, TGNA, DISCK, SALM)

By Amy Schwartz

Below are the three companies in the Broadcasting industry with the highest betas. Higher-beta stocks mean greater volatility and are therefore generally considered to be riskier but also may provide the potential for higher returns.

Entravision Co-A ranks highest with a a beta of 1.5. Townsquare Med-A is next with a a beta of 1.4. Tegna Inc ranks third highest with a a beta of 1.3.

Discovery Comm-C follows with a a beta of 1.3, and Salem Media Grou rounds out the top five with a a beta of 1.3.

SmarTrend recommended that its subscribers protect gains by selling shares of Townsquare Med-A on February 27th, 2020 by issuing a Downtrend alert when the shares were trading at $8.63. Since that call, shares of Townsquare Med-A have fallen 44.0%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest beta entravision co-a townsquare med-a tegna inc discovery comm-c salem media grou