Radio One (NASDAQ:UONE) Announces Earnings Results

Radio One (NASDAQ:UONE) issued its earnings results on Tuesday. The company reported ($0.06) EPS for the quarter, Zacks reports. Radio One had a negative net margin of 38.19% and a positive return on equity of 13.04%.

Radio One Stock Up 2.4%

Shares of UONE opened at $1.30 on Tuesday. The company has a debt-to-equity ratio of 5.94, a quick ratio of 2.64 and a current ratio of 2.64. Radio One has a 52 week low of $1.25 and a 52 week high of $1.90. The stock has a market capitalization of $58.99 million, a price-to-earnings ratio of -0.38 and a beta of 0.39. The stock has a fifty day moving average of $1.41 and a 200-day moving average of $1.56.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Radio One in a research report on Thursday, October 30th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has an average rating of “Sell”.

Insider Transactions at Radio One

In other news, Director Brian W. Mcneill sold 220,901 shares of the company’s stock in a transaction that occurred on Wednesday, August 27th. The stock was sold at an average price of $0.82, for a total value of $181,138.82. Following the completion of the transaction, the director owned 234,213 shares of the company’s stock, valued at $192,054.66. This represents a 48.54% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 41.32% of the stock is currently owned by insiders.

Radio One Company Profile

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