Radio One (NASDAQ:UONE) Shares Pass Below Two Hundred Day Moving Average – Time to Sell?

Radio One, Inc. (NASDAQ:UONE)’s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $1.55 and traded as low as $1.16. Radio One shares last traded at $1.16, with a volume of 31,350 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Radio One in a research note on Thursday, October 30th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Radio One has a consensus rating of “Sell”.

Radio One Stock Down 3.3%

The firm’s 50-day simple moving average is $1.37 and its 200-day simple moving average is $1.55. The company has a debt-to-equity ratio of 6.14, a quick ratio of 2.59 and a current ratio of 2.59. The company has a market capitalization of $52.64 million, a price-to-earnings ratio of -0.41 and a beta of 0.39.

Radio One (NASDAQ:UONE) last released its earnings results on Tuesday, November 4th. The company reported ($0.06) earnings per share for the quarter. Radio One had a negative net margin of 32.55% and a positive return on equity of 1.85%. The company had revenue of $92.68 million during the quarter.

Insider Buying and Selling at Radio One

In other news, Director Brian W. Mcneill sold 220,901 shares of Radio One stock in a transaction that occurred on Wednesday, August 27th. The stock was sold at an average price of $0.82, for a total transaction of $181,138.82. Following the sale, the director owned 234,213 shares of the company’s stock, valued at approximately $192,054.66. This trade represents a 48.54% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 41.32% of the company’s stock.

Radio 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.