Radio One (NASDAQ:UONE) Shares Pass Below Two Hundred Day Moving Average – Should You Sell?

Radio One, Inc. (NASDAQ:UONE) shares passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $1.56 and traded as low as $1.26. Radio One shares last traded at $1.28, with a volume of 19,717 shares.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Radio One in a report on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Radio One Stock Performance

The company has a debt-to-equity ratio of 5.94, a current ratio of 2.64 and a quick ratio of 2.64. The company’s fifty day simple moving average is $1.48 and its two-hundred day simple moving average is $1.56. The stock has a market cap of $58.09 million, a price-to-earnings ratio of -0.37 and a beta of 0.45.

Radio One (NASDAQ:UONE) last announced its earnings results on Wednesday, August 13th. The company reported $0.49 EPS for the quarter. The company had revenue of $91.63 million during the quarter. Radio One had a negative net margin of 38.19% and a positive return on equity of 13.04%.

Insider Activity at Radio One

In other news, Director Brian W. Mcneill sold 220,901 shares of the stock in a transaction dated Wednesday, August 27th. The shares were sold at an average price of $0.82, for a total value of $181,138.82. Following the completion of the sale, the director owned 234,213 shares in the company, valued at $192,054.66. This represents a 48.54% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 41.32% of the stock is currently owned by corporate insiders.

About Radio One

Urban One, Inc, together with its subsidiaries, operates as an urban-oriented multi-media company in the United States. The company operates through four segments: Radio Broadcasting, Cable Television, Reach Media, and Digital. The Radio Broadcasting segment includes radio broadcasting operations that primarily target African-American and urban listeners.