Urban One, Inc. (NASDAQ:UONE – Get Free Report)’s share price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $3.04 and traded as low as $2.15. Urban One shares last traded at $2.20, with a volume of 204,728 shares changing hands.
Urban One Trading Down 1.4 %
The firm has a market cap of $106.16 million, a PE ratio of 12.77 and a beta of 0.93. The company has a debt-to-equity ratio of 2.25, a current ratio of 2.95 and a quick ratio of 3.73. The business has a 50-day moving average price of $2.16 and a two-hundred day moving average price of $3.03.
Hedge Funds Weigh In On Urban One
A hedge fund recently bought a new stake in Urban One stock. WINTON GROUP Ltd acquired a new position in shares of Urban One, Inc. (NASDAQ:UONE – Free Report) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 13,561 shares of the company’s stock, valued at approximately $68,000. Institutional investors and hedge funds own 8.23% of the company’s stock.
About Urban One
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.
See Also
- Five stocks we like better than Urban One
- Dividend Capture Strategy: What You Need to Know
- MarketBeat Week in Review – 6/10 – 6/14
- Energy and Oil Stocks Explained
- Top 5 High-Performance Cryptocurrency ETFs to Watch
- How Investors Can Find the Best Cheap Dividend Stocks
- 3 Stocks That Plummeted After the Post-Fed Speech Crash
Receive News & Ratings for Urban One Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Urban One and related companies with MarketBeat.com's FREE daily email newsletter.
