Radio One (NASDAQ:UONE) Share Price Passes Below Two Hundred Day Moving Average – Time to Sell?

Shares of Radio One, Inc. (NASDAQ:UONE) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $10.07 and traded as low as $6.40. Radio One shares last traded at $6.70, with a volume of 36,054 shares trading hands.

Radio One Stock Down 9.0%

The company has a current ratio of 2.10, a quick ratio of 2.10 and a debt-to-equity ratio of 17.47. The firm’s 50 day simple moving average is $7.07 and its 200-day simple moving average is $10.07. The stock has a market capitalization of $30.22 million, a price-to-earnings ratio of -0.20 and a beta of 0.71.

Institutional Investors Weigh In On Radio One

A hedge fund recently raised its stake in Radio One stock. Barclays PLC lifted its position in Radio One, Inc. (NASDAQ:UONE) by 11.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 78,410 shares of the company’s stock after buying an additional 8,098 shares during the quarter. Barclays PLC owned about 1.74% of Radio One worth $81,000 as of its most recent SEC filing. Institutional investors and hedge funds own 8.23% of the company’s stock.

About Radio One

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.