Radio One, Inc. (NASDAQ:UONEK) Short Interest Update

Radio One, Inc. (NASDAQ:UONEK) saw a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 18,785 shares, a decline of 33.8% from the August 15th total of 28,361 shares. Approximately 0.8% of the shares of the company are short sold. Based on an average daily volume of 23,570 shares, the short-interest ratio is presently 0.8 days.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Radio One in a research note on Monday, June 29th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has a consensus rating of “Sell”.

Radio One Stock Performance

UONEK stock traded up $0.11 during trading on Thursday, hitting $4.17. 2,283 shares of the company traded hands, compared to its average volume of 23,561. Radio One has a 1 year low of $3.58 and a 1 year high of $10.90. The company has a market cap of $19.22 million, a PE ratio of -0.28 and a beta of 0.26. The stock’s 50-day simple moving average is $4.61 and its 200 day simple moving average is $5.10. The company has a debt-to-equity ratio of 20.77, a current ratio of 1.84 and a quick ratio of 1.84.

Radio One (NASDAQ:UONEK) last released its quarterly earnings data on Tuesday, August 4th. The company reported $0.54 EPS for the quarter. The business had revenue of $85.76 million for the quarter. Radio One had a negative return on equity of 7.13% and a negative net margin of 19.04%.

Radio One Company Profile

Radio One (NASDAQ: UONEK), doing business as Urban One, Inc, is a leading media company focused on serving African-American and urban audiences across the United States. The company operates a diversified portfolio of radio broadcasting properties, digital platforms and outdoor advertising assets. Its radio division comprises a network of stations in major U.S. markets, where it delivers music programming, news, cultural content and community outreach initiatives.

Founded in 1980 by industry pioneer Cathy Hughes, Radio One completed its initial public offering in 1999, becoming one of the first African-American-controlled firms listed on a major U.S.