Urban One (NASDAQ:UONE) Shares Cross Above Fifty Day Moving Average of $1.94

Shares of Urban One Inc (NASDAQ:UONE) crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $1.94 and traded as high as $1.99. Urban One shares last traded at $1.86, with a volume of 31 shares trading hands.

Separately, ValuEngine lowered shares of Urban One from a “hold” rating to a “sell” rating in a research note on Tuesday, July 2nd.

The firm has a market cap of $91.68 million, a P/E ratio of 0.60 and a beta of 0.25. The stock’s 50 day simple moving average is $1.92 and its 200 day simple moving average is $2.10. The company has a debt-to-equity ratio of 5.08, a quick ratio of 1.72 and a current ratio of 1.72.

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

About Urban One (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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