Radio One, Inc. (NASDAQ:UONE) Short Interest Update

Radio One, Inc. (NASDAQ:UONE) saw a large decline in short interest during the month of June. As of June 30th, there was short interest totaling 44,115 shares, a decline of 36.0% from the June 15th total of 68,960 shares. Currently, 1.9% of the shares of the company are sold short. Based on an average daily volume of 30,989 shares, the short-interest ratio is presently 1.4 days.

Radio One Stock Down 0.2%

UONE opened at $4.99 on Friday. The stock’s fifty day simple moving average is $5.68 and its 200 day simple moving average is $7.90. Radio One has a 1-year low of $4.63 and a 1-year high of $18.80. The stock has a market cap of $22.55 million, a PE ratio of -0.16 and a beta of 0.82. The company has a current ratio of 1.84, a quick ratio of 1.84 and a debt-to-equity ratio of 17.92.

Radio One (NASDAQ:UONE) last released its quarterly earnings data on Thursday, May 14th. The company reported ($0.69) EPS for the quarter. The company had revenue of $77.65 million for 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

A hedge fund recently raised its position in Radio One stock. Barclays PLC raised its stake in Radio One, Inc. (NASDAQ:UONE) by 11.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 78,410 shares of the company’s stock after acquiring an additional 8,098 shares during the quarter. Barclays PLC owned about 1.74% of Radio One worth $81,000 at the end of the most recent reporting period. 8.23% of the stock is owned by institutional investors.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Radio One in a research note on Thursday, June 11th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Radio One presently has a consensus rating of “Sell”.

About Radio One

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.