Radio One (NASDAQ:UONE) Stock Crosses Below 200-Day Moving Average – Here’s Why

Radio One, Inc. (NASDAQ:UONE) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $13.42 and traded as low as $12.07. Radio One shares last traded at $12.07, with a volume of 20,228 shares trading hands.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Radio One in a report on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Radio One Stock Down 11.4%

The company has a quick ratio of 2.59, a current ratio of 2.59 and a debt-to-equity ratio of 6.14. The company’s fifty day moving average price is $11.21 and its 200-day moving average price is $13.42. The stock has a market capitalization of $54.32 million, a PE ratio of -0.43 and a beta of 0.52.

Radio One (NASDAQ:UONE) last posted its quarterly earnings data on Tuesday, November 4th. The company reported ($0.60) earnings per share for the quarter. Radio One had a negative net margin of 32.55% and a positive return on equity of 1.85%. The company had revenue of $92.68 million for the quarter.

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.