Radio One (NASDAQ:UONE - Get Free Report)'s stock had its "sell (e+)" rating reaffirmed by equities research analysts at Weiss Ratings in a note issued to investors on Wednesday,Weiss Ratings reports.
Radio One Stock Performance
Shares of NASDAQ:UONE traded up $0.03 during midday trading on Wednesday, reaching $1.36. The company's stock had a trading volume of 11,631 shares, compared to its average volume of 23,238. The company has a quick ratio of 2.64, a current ratio of 2.64 and a debt-to-equity ratio of 5.94. Radio One has a twelve month low of $1.23 and a twelve month high of $1.90. The stock has a fifty day moving average of $1.53 and a 200 day moving average of $1.56. The firm has a market capitalization of $61.72 million, a PE ratio of -0.39 and a beta of 0.45.
Radio One (NASDAQ:UONE - Get Free Report) last issued its quarterly earnings data on Wednesday, August 13th. The company reported $0.49 EPS for the quarter. The business had revenue of $91.63 million for 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 firm's stock in a transaction that occurred on Wednesday, August 27th. The shares were sold at an average price of $0.82, for a total transaction of $181,138.82. Following the sale, the director owned 234,213 shares of the company's stock, valued at $192,054.66. This trade represents a 48.54% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 41.32% of the stock is owned by insiders.
Institutional Investors Weigh In On Radio One
A hedge fund recently raised its stake in Radio One stock. Millennium Management LLC boosted its stake in Radio One, Inc. (NASDAQ:UONE - Free Report) by 9.4% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 92,083 shares of the company's stock after acquiring an additional 7,923 shares during the quarter. Millennium Management LLC owned 0.19% of Radio One worth $142,000 as of its most recent filing with the SEC. 8.23% of the stock is currently owned by institutional investors.
About Radio One
(
Get Free Report)
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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Radio One, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Radio One wasn't on the list.
While Radio One currently has a Sell rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
