Radio One (NASDAQ:UONE) Share Price Crosses Below 200-Day Moving Average – Here’s Why

Shares of Radio One, Inc. (NASDAQ:UONE) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $9.16 and traded as low as $5.70. Radio One shares last traded at $5.88, with a volume of 25,579 shares.

Radio One Price Performance

The stock has a market cap of $26.58 million, a P/E ratio of -0.19 and a beta of 0.81. The company has a debt-to-equity ratio of 17.92, a current ratio of 1.84 and a quick ratio of 1.84. The business’s fifty day moving average price is $6.14 and its 200 day moving average price is $9.16.

Radio One (NASDAQ:UONE) last posted its earnings results on Thursday, May 14th. The company reported ($0.69) EPS for the quarter. The company had revenue of $77.65 million during the quarter. Radio One had a positive return on equity of 32.35% and a negative net margin of 38.41%.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Radio One stock. Geode Capital Management LLC increased its position in Radio One, Inc. (NASDAQ:UONE) by 3.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 88,564 shares of the company’s stock after buying an additional 3,294 shares during the quarter. Geode Capital Management LLC owned 1.97% of Radio One worth $91,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors own 8.23% of the company’s stock.

Radio One Company Profile

Urban One, Inc, formerly known as Radio One, Inc, is a media company primarily serving African-American and urban audiences across the United States. The company’s core business activities center on radio broadcasting, operating a portfolio of urban-format radio stations that deliver music, news, and community-focused programming. Urban One’s radio network spans key metropolitan markets including Washington, DC, Atlanta, Philadelphia, and Minneapolis, among others.

In addition to its terrestrial radio operations, Urban One has expanded into digital media to engage listeners online.