Urban One, Inc. (NASDAQ:UONE - Get Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $1.45 and traded as low as $1.32. Urban One shares last traded at $1.40, with a volume of 23,760 shares changing hands.
Urban One Stock Performance
The company has a debt-to-equity ratio of 2.90, a quick ratio of 2.91 and a current ratio of 2.91. The firm has a market capitalization of $71.86 million, a P/E ratio of -0.88 and a beta of 0.46. The firm has a 50-day moving average of $1.38 and a 200-day moving average of $1.45.
Urban One (NASDAQ:UONE - Get Free Report) last posted its earnings results on Thursday, March 27th. The company reported ($0.78) earnings per share (EPS) for the quarter. Urban One had a negative net margin of 17.82% and a positive return on equity of 17.29%. The business had revenue of $117.13 million for the quarter.
Institutional Trading of Urban One
Several institutional investors and hedge funds have recently bought and sold shares of UONE. Northern Trust Corp raised its position in shares of Urban One by 31.7% in the 4th quarter. Northern Trust Corp now owns 39,549 shares of the company's stock worth $61,000 after acquiring an additional 9,509 shares in the last quarter. Barclays PLC grew its stake in Urban One by 501,907.1% in the fourth quarter. Barclays PLC now owns 70,281 shares of the company's stock worth $108,000 after purchasing an additional 70,267 shares during the period. Finally, Millennium Management LLC raised its holdings in Urban 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 in the last quarter. 8.23% of the stock is currently owned by hedge funds and other institutional investors.
Urban One Company Profile
(
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.
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