Shares of Urban One, Inc. (NASDAQ:UONE - Get Free Report) passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $1.54 and traded as high as $1.69. Urban One shares last traded at $1.68, with a volume of 35,859 shares changing hands.
Urban One Stock Down 3.6 %
The company has a debt-to-equity ratio of 2.90, a quick ratio of 2.91 and a current ratio of 2.91. The business has a 50-day simple moving average of $1.54 and a two-hundred day simple moving average of $1.75. The company has a market capitalization of $77.61 million, a price-to-earnings ratio of -0.95 and a beta of 1.04.
Urban One (NASDAQ:UONE - Get Free Report) last announced its quarterly earnings data on Tuesday, November 12th. The company reported $0.31 EPS for the quarter. The company had revenue of $110.39 million during the quarter. Urban One had a negative net margin of 17.82% and a positive return on equity of 17.29%.
Insider Activity at Urban One
In other Urban One news, CFO Peter Thompson sold 100,000 shares of the firm's stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of $1.07, for a total transaction of $107,000.00. Following the completion of the transaction, the chief financial officer now directly owns 220,642 shares in the company, valued at approximately $236,086.94. This trade represents a 31.19 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Karen Wishart sold 50,000 shares of the company's stock in a transaction dated Friday, December 13th. The shares were sold at an average price of $1.01, for a total transaction of $50,500.00. Following the completion of the sale, the chief accounting officer now directly owns 41,278 shares in the company, valued at $41,690.78. This trade represents a 54.78 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 509,210 shares of company stock worth $510,355 over the last 90 days. Company insiders own 32.61% of the company's stock.
Institutional Investors Weigh In On Urban One
An institutional investor recently bought a new position in Urban One stock. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Urban One, Inc. (NASDAQ:UONE - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 13,801 shares of the company's stock, valued at approximately $27,000. 8.23% of the stock is 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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