Radio One (NASDAQ:UONEK) Announces Quarterly Earnings Results

Radio One (NASDAQ:UONEK) posted its quarterly earnings results on Tuesday. The company reported ($3.85) earnings per share (EPS) for the quarter, Zacks reports. Radio One had a negative net margin of 19.04% and a negative return on equity of 7.13%.

Radio One Stock Down 0.9%

Shares of UONEK stock traded down $0.03 during trading hours on Tuesday, reaching $3.55. The company had a trading volume of 573 shares, compared to its average volume of 21,408. Radio One has a 12 month low of $3.44 and a 12 month high of $10.90. The company has a debt-to-equity ratio of 20.77, a current ratio of 1.84 and a quick ratio of 1.84. The business has a fifty day simple moving average of $3.84 and a 200-day simple moving average of $5.22. The company has a market cap of $16.35 million, a price-to-earnings ratio of -0.23 and a beta of 0.25.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Radio One in a report on Friday, September 25th. One analyst has rated the stock with a Sell rating. According to MarketBeat, the company presently has a consensus rating of “Sell”.

Radio One Company Profile

Urban One, Inc, formerly known as Radio One, is a multimedia company focused on serving African American and urban audiences in the United States. The company operates radio stations in several major markets and provides music, news, talk, entertainment and community-oriented programming through its audio platforms.

Its businesses also include television and digital media. Urban One owns and operates TV One, an entertainment and lifestyle network, and CLEO TV, which offers programming aimed primarily at multicultural women.