Shares of Radio One, Inc. (NASDAQ:UONE - Get Free Report) 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 $1.54. Radio One shares last traded at $1.54, with a volume of 10,551 shares traded.
Radio One Trading Down 1.2%
The firm has a market cap of $63.21 million, a P/E ratio of -0.40 and a beta of 0.24. The company has a quick ratio of 2.64, a current ratio of 2.64 and a debt-to-equity ratio of 5.94. The firm's 50-day simple moving average is $1.66 and its 200 day simple moving average is $1.56.
Radio One (NASDAQ:UONE - Get Free Report) last announced its quarterly earnings data on Wednesday, August 13th. The company reported $0.49 EPS for the quarter. Radio One had a negative net margin of 38.19% and a positive return on equity of 13.04%. The business had revenue of $91.63 million for the quarter.
Insider Activity
In other news, Director Brian W. Mcneill sold 220,901 shares of the business'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 value of $181,138.82. Following the sale, the director owned 234,213 shares of the company's stock, valued at $192,054.66. The trade was a 48.54% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 41.32% of the stock is currently owned by company insiders.
Institutional Trading of Radio One
Several hedge funds and other institutional investors have recently modified their holdings of UONE. Millennium Management LLC grew its stake in Radio One by 9.4% during the fourth quarter. Millennium Management LLC now owns 92,083 shares of the company's stock valued at $142,000 after acquiring an additional 7,923 shares in the last quarter. Northern Trust Corp grew its stake in Radio One by 31.7% during the fourth quarter. Northern Trust Corp now owns 39,549 shares of the company's stock valued at $61,000 after acquiring an additional 9,509 shares in the last quarter. Finally, Barclays PLC grew its stake in Radio One by 501,907.1% during 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 in the last quarter. Institutional investors own 8.23% of the company's stock.
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
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