Radio One (NASDAQ:UONE) Stock Crosses Below 200 Day Moving Average – What’s Next?

Radio One, Inc. (NASDAQ:UONE)’s share price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $13.16 and traded as low as $11.42. Radio One shares last traded at $11.42, with a volume of 35,586 shares.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated 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 MarketBeat.com, the stock has a consensus rating of “Sell”.

Radio One Stock Down 0.8%

The company has a debt-to-equity ratio of 6.14, a current ratio of 2.59 and a quick ratio of 2.59. The stock has a market capitalization of $51.33 million, a PE ratio of -0.40 and a beta of 0.52. The company has a 50 day moving average price of $11.22 and a 200-day moving average price of $13.16.

Institutional Investors Weigh In On Radio One

A hedge fund recently raised its stake in Radio One stock. Geode Capital Management LLC lifted its stake in shares of Radio One, Inc. (NASDAQ:UONE) by 3.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 88,564 shares of the company’s stock after buying an additional 3,294 shares during the quarter. Geode Capital Management LLC owned about 1.97% of Radio One worth $91,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors own 8.23% of the company’s stock.

About Radio One

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.