Urban One (NASDAQ:UONEK) Shares Cross Above 200 Day Moving Average of $4.36

Urban One, Inc. (NASDAQ:UONEKGet Rating)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $4.36 and traded as high as $5.07. Urban One shares last traded at $4.99, with a volume of 35,975 shares changing hands.

Urban One Stock Performance

The stock’s 50-day simple moving average is $4.50 and its 200 day simple moving average is $4.36. The company has a debt-to-equity ratio of 2.87, a quick ratio of 2.55 and a current ratio of 2.55. The company has a market capitalization of $241.42 million, a PE ratio of 6.40 and a beta of 0.87.

Urban One (NASDAQ:UONEKGet Rating) last posted its earnings results on Thursday, November 3rd. The company reported $0.08 EPS for the quarter. The firm had revenue of $121.40 million for the quarter. Urban One had a net margin of 8.73% and a return on equity of 16.08%.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the stock. Dimensional Fund Advisors LP grew its position in shares of Urban One by 0.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 895,715 shares of the company’s stock valued at $4,613,000 after buying an additional 2,695 shares during the last quarter. State Street Corp grew its position in shares of Urban One by 1.5% in the 3rd quarter. State Street Corp now owns 186,268 shares of the company’s stock valued at $792,000 after buying an additional 2,709 shares during the last quarter. Bank of New York Mellon Corp grew its position in shares of Urban One by 9.6% in the 3rd quarter. Bank of New York Mellon Corp now owns 36,257 shares of the company’s stock valued at $154,000 after buying an additional 3,168 shares during the last quarter. Boundary Creek Advisors LP grew its position in Urban One by 0.3% during the 3rd quarter. Boundary Creek Advisors LP now owns 1,934,398 shares of the company’s stock worth $8,221,000 after purchasing an additional 5,119 shares during the last quarter. Finally, Stokes Family Office LLC grew its position in Urban One by 44.7% during the 2nd quarter. Stokes Family Office LLC now owns 20,742 shares of the company’s stock worth $89,000 after purchasing an additional 6,406 shares during the last quarter. 19.47% of the stock is owned by hedge funds and other institutional investors.

About Urban One

(Get Rating)

Urban One, Inc is a multi-media company engaged in radio broadcasting that targets African-American and urban listeners. It operates through the following segments: Radio Broadcasting, Reach Media, Digital, and Cable Television. The Radio Broadcasting segment includes all the broadcasting related operations.

Featured Stories

Receive News & Ratings for Urban One Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Urban One and related companies with MarketBeat.com's FREE daily email newsletter.