Radio One (NASDAQ:UONE) Shares Cross Below Two Hundred Day Moving Average – Here’s Why

Shares of Radio One, Inc. (NASDAQ:UONE) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $1.49 and traded as low as $1.20. Radio One shares last traded at $1.23, with a volume of 273,250 shares trading hands.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Radio One in a research note on Thursday, December 4th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has a consensus rating of “Sell”.

Radio One Stock Performance

The business’s 50 day simple moving average is $1.26 and its two-hundred day simple moving average is $1.49. The firm has a market capitalization of $55.29 million, a PE ratio of -0.43 and a beta of 0.31. The company has a current ratio of 2.59, a quick ratio of 2.59 and a debt-to-equity ratio of 6.14.

Radio One (NASDAQ:UONE) last issued its quarterly earnings data on Tuesday, November 4th. The company reported ($0.06) EPS for the quarter. The firm had revenue of $92.68 million during the quarter. Radio One had a positive return on equity of 1.85% and a negative net margin of 32.55%.

Radio One Company Profile

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.