Radio One (NASDAQ:UONEK) Releases Earnings Results

Radio One (NASDAQ:UONEK) issued its quarterly earnings results on Tuesday. The company reported ($3.85) EPS for the quarter, Zacks reports. Radio One had a negative net margin of 19.04% and a negative return on equity of 7.13%.

Radio One Price Performance

UONEK stock traded up $0.01 during trading hours on Tuesday, hitting $3.58. 573 shares of the stock traded hands, compared to its average volume of 21,408. The stock has a 50-day simple moving average of $3.84 and a 200 day simple moving average of $5.22. The company has a market cap of $16.53 million, a P/E ratio of -0.24 and a beta of 0.25. Radio One has a one year low of $3.44 and a one year high of $10.90. The company has a current ratio of 1.84, a quick ratio of 1.84 and a debt-to-equity ratio of 20.77.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Radio One in a research report on Friday, September 25th. One equities research analyst has rated the stock with a Sell rating. According to MarketBeat, Radio One has a consensus rating of “Sell”.

Radio One Company Profile

Urban One, Inc, formerly known as Radio One, is a multimedia company focused on serving African American and urban audiences in the United States. The company operates radio stations in several major markets and provides music, news, talk, entertainment and community-oriented programming through its audio platforms.

Its businesses also include television and digital media. Urban One owns and operates TV One, an entertainment and lifestyle network, and CLEO TV, which offers programming aimed primarily at multicultural women.