Entercom Communications Corp. (ETM) Plunges 10.67% on February 25

Equities Staff  |

Entercom Communications Corp. (ETM) had a rough trading day for Thursday February 25 as shares tumbled 10.67%, or a loss of $-0.54 per share, to close at $4.52. After opening the day at $5.12, shares of Entercom Communications Corp. traded as high as $5.25 and as low as $4.50. Volume was 3.97 million shares over 17,903 trades, against an average daily volume of n/a shares and a total float of 137.99 million.

As a result of the decline, Entercom Communications Corp. now has a market cap of $623.69 million. In the last year, shares of Entercom Communications Corp. have traded between a range of $6.35 and $0.75, and its 50-day SMA is currently $n/a and 200-day SMA is $n/a.

For a complete fundamental analysis of Entercom Communications Corp., check out Equities.com’s Stock Valuation Analysis report for ETM.

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Entercom Communications Corp is a radio broadcasting company in the United States. It has a portfolio of approximately 125 radio stations in around 25 markets across the country. The company invests in local talent, news, sports, events, communities and people. The company generates revenue from the sale to advertisers of various services and products, including commercial broadcast time; digital advertising; local events; e-commerce where an advertiser's goods and services are sold through its websites; and integrated digital advertising solutions.

Entercom Communications Corp. is based out of Philadelphia, PA and has some 7,055 employees. Its CEO is David J. Field.

Entercom Communications Corp. is a component of the Russell 2000. 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.

To get more information on Entercom Communications Corp. and to follow the company’s latest updates, you can visit the company’s profile page here: ETM’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

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

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