Urban One (NASDAQ:UONE) Stock Crosses Below 200 Day Moving Average - Should You Sell?

Urban One, Inc. (NASDAQ:UONE - Get Free Report) shares passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $1.54 and traded as low as $1.38. Urban One shares last traded at $1.43, with a volume of 9,442 shares traded.

Urban One Trading Down 1.0 %

The company has a market capitalization of $67.07 million, a price-to-earnings ratio of -0.82 and a beta of 0.95. 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 business's 50-day moving average price is $1.40 and its two-hundred day moving average price is $1.54.

Insider Buying and Selling

In other Urban One news, CEO David M. Kantor sold 70,350 shares of the firm's stock in a transaction 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 sale, the chief executive officer now owns 8,061 shares of the company's stock, valued at approximately $7,899.78. This trade represents a 89.72 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 32.61% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Barclays PLC grew its holdings in shares of Urban One by 501,907.1% during the 4th quarter. Barclays PLC now owns 70,281 shares of the company's stock valued at $108,000 after purchasing an additional 70,267 shares during the last quarter. Northern Trust Corp grew its stake in shares of Urban One by 31.7% during the fourth quarter. Northern Trust Corp now owns 39,549 shares of the company's stock worth $61,000 after buying an additional 9,509 shares during the last quarter. Finally, Millennium Management LLC increased its holdings in shares of Urban One by 9.4% during the fourth quarter. Millennium Management LLC now owns 92,083 shares of the company's stock worth $142,000 after buying an additional 7,923 shares in the last quarter. Institutional investors own 8.23% of the company's stock.

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About Urban One

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.