Radio One (NASDAQ:UONE) Share Price Crosses Above 50 Day Moving Average - Time to Sell?

Radio One, Inc. (NASDAQ:UONE - Get Free Report) shares passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $1.61 and traded as high as $1.67. Radio One shares last traded at $1.60, with a volume of 14,759 shares.

Radio One Price Performance

The firm's 50 day simple moving average is $1.62 and its two-hundred day simple moving average is $1.49. The firm has a market capitalization of $73.07 million, a P/E ratio of -0.60 and a beta of -0.21. The company has a debt-to-equity ratio of 3.46, a current ratio of 2.96 and a quick ratio of 2.96.

Radio One (NASDAQ:UONE - Get Free Report) last issued its earnings results on Tuesday, May 13th. The company reported ($0.11) earnings per share for the quarter. Radio One had a negative net margin of 28.49% and a positive return on equity of 13.51%. The company had revenue of $92.24 million for the quarter.

Institutional Investors Weigh In On Radio One

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Barclays PLC increased its position in shares of Radio One by 501,907.1% in the fourth quarter. Barclays PLC now owns 70,281 shares of the company's stock valued at $108,000 after acquiring an additional 70,267 shares during the period. Northern Trust Corp grew its stake in shares of Radio One by 31.7% in the fourth quarter. Northern Trust Corp now owns 39,549 shares of the company's stock worth $61,000 after purchasing an additional 9,509 shares during the last quarter. Finally, Millennium Management LLC grew its stake in shares of Radio One by 9.4% in the fourth quarter. Millennium Management LLC now owns 92,083 shares of the company's stock worth $142,000 after purchasing an additional 7,923 shares during the last quarter. 8.23% of the stock is currently owned by institutional investors.

Radio One Company Profile

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.