Radio One (NASDAQ:UONE) Share Price Passes Below Two Hundred Day Moving Average – Here’s What Happened

Radio One, Inc. (NASDAQ:UONE)’s stock price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $9.16 and traded as low as $5.70. Radio One shares last traded at $5.88, with a volume of 25,579 shares traded.

Radio One Price Performance

The stock has a market cap of $25.63 million, a P/E ratio of -0.18 and a beta of 0.81. The company has a quick ratio of 1.84, a current ratio of 1.84 and a debt-to-equity ratio of 17.92. The business’s 50-day simple moving average is $6.13 and its two-hundred day simple moving average is $9.06.

Radio One (NASDAQ:UONE) last announced its quarterly earnings results on Thursday, May 14th. The company reported ($0.69) earnings per share (EPS) for the quarter. Radio One had a positive return on equity of 32.35% and a negative net margin of 38.41%.The firm had revenue of $77.65 million during the quarter.

Institutional Investors Weigh In On Radio One

An institutional investor recently raised its position in Radio One stock. Barclays PLC lifted its position in Radio One, Inc. (NASDAQ:UONE) by 11.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 78,410 shares of the company’s stock after buying an additional 8,098 shares during the quarter. Barclays PLC owned approximately 1.74% of Radio One worth $81,000 at the end of the most recent quarter. 8.23% of the stock is currently owned by institutional investors and hedge funds.

Radio One Company Profile

Urban One, Inc, formerly known as Radio One, Inc, is a media company primarily serving African-American and urban audiences across the United States. The company’s core business activities center on radio broadcasting, operating a portfolio of urban-format radio stations that deliver music, news, and community-focused programming. Urban One’s radio network spans key metropolitan markets including Washington, DC, Atlanta, Philadelphia, and Minneapolis, among others.

In addition to its terrestrial radio operations, Urban One has expanded into digital media to engage listeners online.