Barclays PLC Raises Stake in Urban One, Inc. (NASDAQ:UONE)

Barclays PLC raised its position in shares of Urban One, Inc. (NASDAQ:UONE) by 501,907.1% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 70,281 shares of the company’s stock after purchasing an additional 70,267 shares during the period. Barclays PLC owned about 0.15% of Urban One worth $108,000 as of its most recent filing with the Securities & Exchange Commission.

Urban One Stock Up 1.2%

Shares of Urban One stock opened at $1.66 on Thursday. The firm’s 50-day moving average is $1.43 and its two-hundred day moving average is $1.46. Urban One, Inc. has a 1 year low of $1.23 and a 1 year high of $3.33. The stock has a market cap of $75.73 million, a price-to-earnings ratio of -0.98 and a beta of 0.49. The company has a debt-to-equity ratio of 2.90, a current ratio of 2.91 and a quick ratio of 2.91.

Urban One (NASDAQ:UONE) last posted its earnings results on Tuesday, May 13th. The company reported ($0.11) earnings per share (EPS) for the quarter. Urban One had a negative net margin of 17.82% and a positive return on equity of 17.29%. The company had revenue of $92.24 million during the quarter.

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.