Radio One (NASDAQ:UONEK) Announces Earnings Results

Radio One (NASDAQ:UONEK) announced its earnings results on Tuesday. The company reported ($3.85) earnings per share for the quarter, Zacks reports. Radio One had a negative net margin of 19.04% and a negative return on equity of 7.13%.

Radio One Stock Performance

UONEK opened at $3.25 on Wednesday. Radio One has a 52-week low of $3.14 and a 52-week high of $10.90. The company has a quick ratio of 1.84, a current ratio of 1.84 and a debt-to-equity ratio of 20.77. The company has a market cap of $14.98 million, a P/E ratio of -0.22 and a beta of 0.25. The firm’s 50-day moving average price is $3.83 and its 200-day moving average price is $5.20.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Radio One in a research report on Friday, September 25th. One investment analyst has rated the stock with a Sell rating. According to MarketBeat, the company currently has a consensus rating of “Sell”.

Radio One Company Profile

Urban One, Inc., formerly known as Radio One, is a multimedia company focused on serving African American and urban audiences in the United States. The company operates radio stations in several major markets and provides music, news, talk, entertainment and community-oriented programming through its audio platforms. Its businesses also include television and digital media. Urban One owns and operates TV One, an entertainment and lifestyle network, and CLEO TV, which offers programming aimed primarily at multicultural women.