Radio One, Inc. (NASDAQ:UONE) Short Interest Update

Radio One, Inc. (NASDAQ:UONE) was the target of a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 44,115 shares, a decrease of 36.0% from the June 15th total of 68,960 shares. Currently, 1.9% of the shares of the stock are short sold. Based on an average daily trading volume, of 30,989 shares, the short-interest ratio is presently 1.4 days.

Radio One Stock Down 1.0%

UONE stock opened at $5.00 on Friday. The firm has a market cap of $22.60 million, a PE ratio of -0.16 and a beta of 0.82. Radio One has a one year low of $4.63 and a one year high of $18.80. The company has a debt-to-equity ratio of 17.92, a quick ratio of 1.84 and a current ratio of 1.84. The firm’s 50 day moving average price is $5.73 and its 200-day moving average price is $7.92.

Radio One (NASDAQ:UONE) last announced its quarterly earnings results on Thursday, May 14th. The company reported ($0.69) EPS for the quarter. The business had revenue of $77.65 million during the quarter. Radio One had a negative net margin of 38.41% and a positive return on equity of 32.35%.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Radio One in a report on Thursday, June 11th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has an average rating of “Sell”.

Institutional Investors Weigh In On Radio One

A hedge fund recently raised its position in Radio One stock. Barclays PLC grew its stake in Radio One, Inc. (NASDAQ:UONE) by 11.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 78,410 shares of the company’s stock after acquiring an additional 8,098 shares during the period. Barclays PLC owned about 1.74% of Radio One worth $81,000 as of its most recent filing with the SEC. 8.23% of the stock is currently owned by hedge funds and other institutional investors.

About Radio One

Urban One, Inc, formerly known as Radio One, Inc, is a media company primarily serving African-American and urban audiences across the United States. The company’s core business activities center on radio broadcasting, operating a portfolio of urban-format radio stations that deliver music, news, and community-focused programming. Urban One’s radio network spans key metropolitan markets including Washington, DC, Atlanta, Philadelphia, and Minneapolis, among others.

In addition to its terrestrial radio operations, Urban One has expanded into digital media to engage listeners online.