Urban One (NASDAQ:UONE) Share Price Passes Below 200-Day Moving Average of $2.08

Urban One Inc (NASDAQ:UONE) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $2.08 and traded as low as $1.91. Urban One shares last traded at $1.99, with a volume of 595 shares trading hands.

Separately, ValuEngine raised shares of Urban One from a “sell” rating to a “hold” rating in a research report on Wednesday, October 2nd.

The business’s fifty day moving average price is $1.92 and its 200 day moving average price is $2.08. The company has a quick ratio of 1.72, a current ratio of 1.72 and a debt-to-equity ratio of 5.08. The firm has a market capitalization of $91.22 million, a PE ratio of 0.60 and a beta of 0.25.

Urban One (NASDAQ:UONE) last announced its earnings results on Thursday, August 1st. The company reported $0.21 EPS for the quarter. Urban One had a net margin of 31.49% and a return on equity of 102.97%. The business had revenue of $121.57 million during the quarter.

Urban One Company Profile (NASDAQ:UONE)

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, Reach Media, Digital, and Cable Television. The Radio Broadcasting segment includes radio broadcasting operations that primarily target African-American and urban listeners.

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