Urban One, Inc. (NASDAQ:UONE - Get Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $1.69 and traded as low as $1.34. Urban One shares last traded at $1.36, with a volume of 17,490 shares changing hands.
Urban One Price Performance
The business's fifty day simple moving average is $1.52 and its 200 day simple moving average is $1.68. The company has a current ratio of 2.91, a quick ratio of 2.91 and a debt-to-equity ratio of 2.90.
Urban One (NASDAQ:UONE - Get Free Report) last released its quarterly earnings data on Tuesday, November 12th. The company reported $0.31 EPS for the quarter. The business had revenue of $110.39 million during the quarter. Urban One had a positive return on equity of 17.29% and a negative net margin of 17.82%.
Insider Activity at Urban One
In other Urban One news, CEO David M. Kantor sold 70,350 shares of the business's stock in a transaction dated Monday, January 13th. The stock was sold at an average price of $0.98, for a total value of $68,943.00. Following the completion of the transaction, the chief executive officer now directly owns 8,061 shares of the company's stock, valued at approximately $7,899.78. The trade was a 89.72 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Karen Wishart sold 50,000 shares of the firm's stock in a transaction dated Friday, December 13th. The stock was sold at an average price of $1.01, for a total value of $50,500.00. Following the sale, the chief accounting officer now directly owns 41,278 shares in the company, valued at approximately $41,690.78. This represents a 54.78 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 579,560 shares of company stock worth $579,298. 32.61% of the stock is currently owned by company 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.
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