Free Trial

Urban One (NASDAQ:UONE) Announces Earnings Results

Urban One logo with Consumer Discretionary background

Urban One (NASDAQ:UONE - Get Free Report) posted its quarterly earnings data on Thursday. The company reported ($0.78) earnings per share for the quarter, RTT News reports. The company had revenue of $117.13 million for the quarter. Urban One had a positive return on equity of 17.29% and a negative net margin of 17.82%.

Urban One Price Performance

Shares of UONE traded down $0.01 during mid-day trading on Tuesday, hitting $1.43. 2,507 shares of the company were exchanged, compared to its average volume of 73,972. The company has a debt-to-equity ratio of 2.90, a quick ratio of 2.91 and a current ratio of 2.91. Urban One has a 1-year low of $1.23 and a 1-year high of $3.33. The stock has a market cap of $68.50 million, a price-to-earnings ratio of -0.84 and a beta of 0.95. The company has a 50 day moving average of $1.40 and a 200-day moving average of $1.51.

Insider Buying and Selling

In other news, CEO David M. Kantor sold 70,350 shares of the firm's stock in a transaction that occurred on Monday, January 13th. The stock was sold at an average price of $0.98, for a total value of $68,943.00. Following the transaction, the chief executive officer now owns 8,061 shares in the company, valued at $7,899.78. This trade represents a 89.72 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 32.61% of the stock is currently owned by insiders.

About Urban One

(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.

Recommended Stories

Earnings History for Urban One (NASDAQ:UONE)

Should You Invest $1,000 in Urban One Right Now?

Before you consider Urban One, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Urban One wasn't on the list.

While Urban One currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

A Beginner's Guide to Investing in Cannabis Cover

Unlock your free copy of MarketBeat's comprehensive guide to pot stock investing and discover which cannabis companies are poised for growth. Plus, you'll get exclusive access to our daily newsletter with expert stock recommendations from Wall Street's top analysts.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

7 Cybersecurity Stocks Outperforming the Market Right Now
Markets in Rally Mode: Will Earnings Keep It Going?
3 Tech Stocks to Buy Now—And 3 You’ll Regret Keeping

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines