Urban One, Inc. (NASDAQ:UONE - Get Free Report)'s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $2.24 and traded as low as $2.05. Urban One shares last traded at $2.09, with a volume of 53,667 shares traded.
Urban One Stock Performance
The firm's 50-day moving average price is $2.01 and its two-hundred day moving average price is $2.24. The firm has a market capitalization of $98.80 million, a PE ratio of 12.00 and a beta of 0.87. The company has a quick ratio of 2.76, a current ratio of 2.77 and a debt-to-equity ratio of 2.54.
Urban One (NASDAQ:UONE - Get Free Report) last released its earnings results on Thursday, August 8th. The company reported $0.57 earnings per share for the quarter. The business had revenue of $117.74 million for the quarter. Urban One had a negative net margin of 22.45% and a positive return on equity of 15.38%.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in Urban One stock. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Urban One, Inc. (NASDAQ:UONE - Free Report) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 13,801 shares of the company's stock, valued at approximately $27,000. Hedge funds and other institutional investors own 8.23% of the company's stock.
Urban One Company Profile
(
Get Free Report)
Urban One, Inc, together with its subsidiaries, operates as an urban-oriented multi-media company in the United States. The company operates through four segments: Radio Broadcasting, Cable Television, Reach Media, and Digital. The Radio Broadcasting segment includes radio broadcasting operations that primarily target African-American and urban listeners.
Further Reading
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