Urban One (UONEK) to Release Earnings on Thursday

Urban One (NASDAQ:UONEK) is scheduled to release its earnings data before the market opens on Thursday, November 7th.

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

Urban One Stock Down 2.6 %

Shares of NASDAQ UONEK opened at $1.14 on Wednesday. The stock has a market cap of $55.21 million, a P/E ratio of -0.53 and a beta of 0.56. The firm has a 50 day moving average price of $1.15 and a 200 day moving average price of $1.38. The company has a debt-to-equity ratio of 2.54, a quick ratio of 2.76 and a current ratio of 2.77. Urban One has a 52-week low of $0.97 and a 52-week high of $5.92.

Insider Activity at Urban One

In other news, CFO Peter Thompson sold 200,000 shares of the company’s stock in a transaction that occurred on Monday, September 23rd. The shares were sold at an average price of $1.23, for a total value of $246,000.00. Following the completion of the transaction, the chief financial officer now owns 320,642 shares in the company, valued at $394,389.66. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 50.45% of the company’s stock.

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.