Urban One (UONE) to Release Quarterly Earnings on Thursday

Urban One (NASDAQ:UONE) is scheduled to announce its earnings results before the market opens on Thursday, November 7th.

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

Urban One Stock Down 1.9 %

Shares of Urban One stock traded down $0.03 during trading hours on Tuesday, reaching $1.50. The company’s stock had a trading volume of 40,598 shares, compared to its average volume of 85,128. The company has a debt-to-equity ratio of 2.54, a quick ratio of 2.76 and a current ratio of 2.77. The stock’s fifty day simple moving average is $1.71 and its two-hundred day simple moving average is $1.94. The company has a market capitalization of $72.65 million, a P/E ratio of -0.71 and a beta of 0.92. Urban One has a one year low of $1.23 and a one year high of $6.05.

Insider Activity at Urban One

In other news, CFO Peter Thompson sold 200,000 shares of the stock in a transaction that occurred 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 completion of the sale, the chief financial officer now directly owns 320,642 shares of the company’s stock, valued at $394,389.66. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 32.61% of the stock is owned by insiders.

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.