Radio One (NASDAQ:UONEK) Posts Quarterly Earnings Results

Radio One (NASDAQ:UONEK) issued its quarterly earnings results on Tuesday. The company reported ($3.85) earnings per share (EPS) for the quarter, Zacks reports. Radio One had a negative net margin of 52.62% and a negative return on equity of 77.06%. The company had revenue of $88.00 million during the quarter.

Radio One Price Performance

Radio One stock traded up $0.01 during mid-day trading on Thursday, reaching $2.94. The company had a trading volume of 758 shares, compared to its average volume of 21,222. The business has a fifty day simple moving average of $3.80 and a 200 day simple moving average of $5.17. The company has a market cap of $13.53 million, a P/E ratio of -0.07 and a beta of 0.25. Radio One has a fifty-two week low of $2.91 and a fifty-two week high of $10.90. The company has a current ratio of 1.84, a quick ratio of 1.84 and a debt-to-equity ratio of 20.77.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Radio One in a research note on Friday, September 25th. One equities research analyst has rated the stock with a Sell rating. According to MarketBeat, the stock presently has an average 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.