Radio One (NASDAQ:UONEK) Releases Quarterly Earnings Results

Radio One (NASDAQ:UONEK) announced its quarterly earnings data on Tuesday. The company reported ($3.85) 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 Trading Up 0.1%

Shares of UONEK stock traded up $0.01 during trading hours on Tuesday, reaching $3.58. 573 shares of the stock traded hands, compared to its average volume of 21,408. The company has a quick ratio of 1.84, a current ratio of 1.84 and a debt-to-equity ratio of 20.77. The firm has a market capitalization of $16.53 million, a PE ratio of -0.24 and a beta of 0.25. Radio One has a 1-year low of $3.44 and a 1-year high of $10.90. The business has a fifty day moving average price of $3.84 and a 200 day moving average price of $5.22.

Analyst Upgrades and Downgrades

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