Radio One (NASDAQ:UONE – Get Free Report) released its quarterly earnings results on Tuesday. The company reported $0.54 EPS for the quarter, Zacks reports. Radio One had a positive return on equity of 32.35% and a negative net margin of 38.41%.
Radio One Price Performance
Shares of NASDAQ UONE traded up $0.09 during trading on Tuesday, reaching $5.12. The company had a trading volume of 2,991 shares, compared to its average volume of 67,761. Radio One has a 52 week low of $4.63 and a 52 week high of $18.50. The business’s 50 day moving average price is $5.48 and its 200-day moving average price is $7.45. The stock has a market cap of $23.15 million, a PE ratio of -0.17 and a beta of 0.82. The company has a debt-to-equity ratio of 17.92, a quick ratio of 1.84 and a current ratio of 1.84.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Radio One in a research report on Thursday, June 11th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Radio One currently has an average rating of “Sell”.
Institutional Trading of Radio One
An institutional investor recently raised its stake in Radio One stock. Barclays PLC increased its holdings in shares of Radio One, Inc. (NASDAQ:UONE – Free Report) by 11.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 78,410 shares of the company’s stock after buying an additional 8,098 shares during the period. Barclays PLC owned 1.74% of Radio One worth $81,000 at the end of the most recent quarter. 8.23% of the stock is owned by hedge funds and other institutional investors.
Radio One Company Profile
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.
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