Radio One (NASDAQ:UONE) Stock Passes Below 200-Day Moving Average – Should You Sell?

Radio One, Inc. (NASDAQ:UONE) shares passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $7.71 and traded as low as $5.10. Radio One shares last traded at $5.15, with a volume of 4,191 shares changing hands.

Wall Street Analysts Forecast Growth

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

Radio One Price Performance

The company has a quick ratio of 1.84, a current ratio of 1.84 and a debt-to-equity ratio of 17.92. The firm has a market capitalization of $23.28 million, a price-to-earnings ratio of -0.17 and a beta of 0.82. The stock’s 50 day moving average price is $5.57 and its two-hundred day moving average price is $7.71.

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

Institutional Investors Weigh In On Radio One

A hedge fund recently raised its stake in Radio One stock. Geode Capital Management LLC lifted its position in Radio One, Inc. (NASDAQ:UONE) by 3.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor 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 SEC. Institutional investors and hedge funds 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.