Urban One, Inc. (NASDAQ:UONEK) Shares Purchased by Barclays PLC

Barclays PLC boosted its holdings in shares of Urban One, Inc. (NASDAQ:UONEK) by 51.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 757,230 shares of the company’s stock after buying an additional 256,205 shares during the period. Barclays PLC owned approximately 1.58% of Urban One worth $753,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Separately, Zazove Associates LLC grew its holdings in shares of Urban One by 14.0% during the fourth quarter. Zazove Associates LLC now owns 4,158,977 shares of the company’s stock valued at $4,138,000 after buying an additional 511,914 shares during the last quarter. Institutional investors and hedge funds own 19.70% of the company’s stock.

Urban One Price Performance

NASDAQ UONEK opened at $0.44 on Wednesday. The stock’s fifty day moving average price is $0.60 and its 200 day moving average price is $0.84. Urban One, Inc. has a 1 year low of $0.44 and a 1 year high of $2.07. The company has a debt-to-equity ratio of 2.90, a current ratio of 2.91 and a quick ratio of 2.91. The company has a market cap of $21.08 million, a price-to-earnings ratio of -0.26 and a beta of 0.45.

Urban One (NASDAQ:UONEK) last released its earnings results on Thursday, March 27th. The company reported ($0.25) EPS for the quarter. The firm had revenue of $117.13 million for the quarter. Urban One had a positive return on equity of 17.29% and a negative net margin of 17.82%.

Urban One 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.