Radio One (NASDAQ:UONE) Stock Price Passes Below 200 Day Moving Average – What’s Next?

Radio One, Inc. (NASDAQ:UONE)’s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $8.89 and traded as low as $5.73. Radio One shares last traded at $5.74, with a volume of 29,898 shares traded.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Radio One in a report on Thursday, June 11th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has an average rating of “Sell”.

Radio One Stock Performance

The firm has a market capitalization of $26.76 million, a price-to-earnings ratio of -0.19 and a beta of 0.81. The company has a debt-to-equity ratio of 17.92, a quick ratio of 1.84 and a current ratio of 1.84. The stock’s fifty day moving average is $6.11 and its two-hundred day moving average is $8.80.

Radio One (NASDAQ:UONE) last issued its quarterly earnings data on Thursday, May 14th. The company reported ($0.69) EPS for the quarter. The firm had revenue of $77.65 million during the quarter. Radio One had a positive return on equity of 32.35% and a negative net margin of 38.41%.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in Radio One stock. Barclays PLC raised its holdings in shares of Radio One, Inc. (NASDAQ:UONE) by 11.5% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 78,410 shares of the company’s stock after purchasing an additional 8,098 shares during the quarter. 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 institutional investors and hedge funds.

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.