Radio One (NASDAQ:UONE) Stock Passes Below 200-Day Moving Average – Should You Sell?

Shares of Radio One, Inc. (NASDAQ:UONE) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $7.71 and traded as low as $5.10. Radio One shares last traded at $5.15, with a volume of 4,191 shares.

Analysts Set New Price Targets

Separately, Weiss Ratings restated 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, Based on data from MarketBeat, the company has a consensus rating of “Sell”.

Radio One Stock Up 1.0%

The company has a market cap of $23.28 million, a price-to-earnings ratio of -0.17 and a beta of 0.82. The business has a 50-day simple moving average of $5.57 and a two-hundred day simple moving average of $7.71. The company has a quick ratio of 1.84, a current ratio of 1.84 and a debt-to-equity ratio of 17.92.

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

Hedge Funds Weigh In On Radio One

An institutional investor recently raised its position in Radio One stock. Barclays PLC grew its position in Radio One, Inc. (NASDAQ:UONE) by 11.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 78,410 shares of the company’s stock after purchasing an additional 8,098 shares during the quarter. Barclays PLC owned approximately 1.74% of Radio One worth $81,000 as of its most recent SEC filing. Institutional investors and hedge funds 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.