Urban One (UONE) Set to Announce Quarterly Earnings on Thursday

Urban One (NASDAQ:UONE) will be releasing its earnings data before the market opens on Thursday, November 7th.

Urban One (NASDAQ:UONE) last announced its quarterly earnings data on Thursday, August 8th. The company reported $0.57 EPS for the quarter. The business had revenue of $117.74 million for the quarter. Urban One had a positive return on equity of 15.38% and a negative net margin of 22.45%.

Urban One Stock Performance

NASDAQ UONE opened at $1.37 on Thursday. The business has a 50-day moving average price of $1.76 and a 200-day moving average price of $1.96. The firm has a market cap of $66.35 million, a price-to-earnings ratio of -0.63 and a beta of 0.86. Urban One has a twelve month low of $1.23 and a twelve month high of $6.05. The company has a quick ratio of 2.76, a current ratio of 2.77 and a debt-to-equity ratio of 2.54.

Insiders Place Their Bets

In other news, CFO Peter Thompson sold 200,000 shares of Urban One stock in a transaction that occurred on Monday, September 23rd. The shares were sold at an average price of $1.23, for a total transaction of $246,000.00. Following the sale, the chief financial officer now owns 320,642 shares in the company, valued at $394,389.66. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 32.61% of the stock is currently owned by corporate insiders.

Urban One Company Profile

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.