Radio One (NASDAQ:UONE) Stock Price Passes Below Two Hundred Day Moving Average – Time to Sell?

Radio One, Inc. (NASDAQ:UONE)’s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $8.62 and traded as low as $5.45. Radio One shares last traded at $5.46, with a volume of 24,366 shares changing hands.

Analyst Ratings Changes

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

Radio One Price Performance

The firm has a market cap of $24.68 million, a P/E ratio of -0.18 and a beta of 0.81. The company has a current ratio of 1.84, a quick ratio of 1.84 and a debt-to-equity ratio of 17.92. The business has a 50-day moving average of $6.12 and a two-hundred day moving average of $8.62.

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

Institutional Inflows and Outflows

An institutional investor recently raised its stake in Radio One stock. Geode Capital Management LLC boosted its holdings in Radio One, Inc. (NASDAQ:UONE) by 3.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 88,564 shares of the company’s stock after buying an additional 3,294 shares during the quarter. Geode Capital Management LLC owned approximately 1.97% of Radio One worth $91,000 at the end of the most recent reporting period. 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.