Urban One, Inc. (NASDAQ:UONE - Get Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $1.45 and traded as low as $1.32. Urban One shares last traded at $1.40, with a volume of 23,760 shares traded.
Urban One Price Performance
The company has a market capitalization of $71.62 million, a P/E ratio of -0.88 and a beta of 0.46. The company has a debt-to-equity ratio of 2.90, a current ratio of 2.91 and a quick ratio of 2.91. The company has a fifty day moving average price of $1.38 and a 200 day moving average price of $1.45.
Urban One (NASDAQ:UONE - Get Free Report) last released its quarterly earnings data on Thursday, March 27th. The company reported ($0.78) earnings per share for the quarter. The firm had revenue of $117.13 million during the quarter. Urban One had a positive return on equity of 17.29% and a negative net margin of 17.82%.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in UONE. Millennium Management LLC boosted its stake in Urban One by 9.4% during the 4th quarter. Millennium Management LLC now owns 92,083 shares of the company's stock valued at $142,000 after purchasing an additional 7,923 shares in the last quarter. Northern Trust Corp boosted its stake in Urban One by 31.7% during the fourth quarter. Northern Trust Corp now owns 39,549 shares of the company's stock valued at $61,000 after buying an additional 9,509 shares in the last quarter. Finally, Barclays PLC grew its holdings in Urban One by 501,907.1% during the fourth quarter. Barclays PLC now owns 70,281 shares of the company's stock worth $108,000 after acquiring an additional 70,267 shares during the period. 8.23% of the stock is currently owned by institutional investors.
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.
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