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

Radio One, Inc. (NASDAQ:UONE)’s share price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $9.67 and traded as low as $5.56. Radio One shares last traded at $5.94, with a volume of 54,724 shares.

Radio One Stock Performance

The firm’s 50 day moving average price is $6.31 and its 200-day moving average price is $9.67. The firm has a market cap of $26.79 million, a price-to-earnings ratio of -0.19 and a beta of 0.71. The company has a debt-to-equity ratio of 17.92, a current ratio of 1.84 and a quick ratio of 1.84.

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

Institutional Investors Weigh In On Radio One

An institutional investor recently raised its position in Radio One stock. Barclays PLC lifted its stake in Radio One, Inc. (NASDAQ:UONE) by 11.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 78,410 shares of the company’s stock after acquiring an additional 8,098 shares during the period. Barclays PLC owned approximately 1.74% of Radio One worth $81,000 at the end of the most recent reporting period. Institutional investors own 8.23% of the company’s stock.

About Radio One

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.