Urban One, Inc. (NASDAQ:UONEK – Get Free Report) CFO Peter Thompson sold 200,000 shares of the stock in a transaction on Monday, September 23rd. The stock was sold at an average price of $1.23, for a total value of $246,000.00. Following the sale, the chief financial officer now owns 320,642 shares of the company’s stock, valued at $394,389.66. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Urban One Stock Performance
Shares of UONEK stock opened at $1.12 on Thursday. Urban One, Inc. has a fifty-two week low of $1.03 and a fifty-two week high of $5.92. The stock’s 50-day moving average is $1.33 and its two-hundred day moving average is $1.56. The company has a debt-to-equity ratio of 2.54, a current ratio of 2.77 and a quick ratio of 2.76. The firm has a market cap of $54.24 million, a P/E ratio of 6.59 and a beta of 0.57.
Urban One (NASDAQ:UONEK – Get Free Report) last issued its quarterly earnings data on Thursday, August 8th. The company reported $0.57 earnings per share for the quarter. The firm had revenue of $117.74 million for the quarter. Urban One had a negative net margin of 22.45% and a positive return on equity of 15.38%.
Institutional Inflows and Outflows
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.
See Also
- Five stocks we like better than Urban One
- Low PE Growth Stocks: Unlocking Investment Opportunities
- Should You Invest in Treasury Bills?
- What Investors Need to Know About Upcoming IPOs
- Analysts Think There’s Still Time to Get in on Edgewise, Up 332%
- 3 Grocery Stocks That Are Proving They Are Still Essential
- 3 Stocks Raising Dividends 4X Higher Than Inflation
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.