Entercom Communications Corp. Cl A (ETM) Drops 5.52% on January 13

Equities Staff |

Entercom Communications Corp. Cl A (ETM) was one of the Russell 2000's biggest losers for Wednesday January 13 as the stock slid 5.52% to $9.41, a loss of $-0.55 per share. Starting at an opening price of $10.02 a share, the stock traded between $9.36 and $10.13 over the course of the trading day. Volume was 158,767 shares over 1,140 trades, against an average daily volume of 124,183 shares and a total float of 39.71 million.

The losses send Entercom Communications Corp. Cl A down to a market cap of $373.7 million. In the last year, Entercom Communications Corp. Cl A has traded between $13.33 and $9.62, and its 50-day SMA is currently $11.19 and 200-day SMA is $11.25.

The stock has a P/E Ratio of 15.1.

Entercom Communications Corp is a radio broadcasting company in the United States. It operates a nationwide portfolio in excess of 125 radio stations in 26 markets.

Entercom Communications Corp. Cl A is based out of Bala Cynwyd, PA and has some 2,315 employees. Its CEO is David J. Field.

For a complete fundamental analysis analysis of Entercom Communications Corp. Cl A, check out Equities.com’s Stock Valuation Analysis report for ETM. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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