Entercom Communications Corp. (ETM) Soars 2.24% on June 29

Equities Staff  |

Entercom Communications Corp. (ETM) had a good day on the market for Monday June 29 as shares jumped 2.24% to close at $1.37. About 2.28 million shares traded hands on 5,086 trades for the day, compared with an average daily volume of n/a shares out of a total float of 135.2 million. After opening the trading day at $1.44, shares of Entercom Communications Corp. stayed within a range of $1.47 to $1.37.

With today's gains, Entercom Communications Corp. now has a market cap of $185.23 million. Shares of Entercom Communications Corp. have been trading within a range of $6.31 and $0.75 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

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.

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 also 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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