Urban One, Inc. (NASDAQ:UONE - Get Free Report) CFO Peter Thompson sold 100,000 shares of the firm's stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of $1.07, for a total transaction of $107,000.00. Following the transaction, the chief financial officer now owns 220,642 shares of the company's stock, valued at $236,086.94. This trade represents a 31.19 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.
Peter Thompson also recently made the following trade(s):
UONE stock traded down $0.02 on Friday, reaching $1.66. The company had a trading volume of 10,789 shares, compared to its average volume of 84,351. The company's fifty day moving average is $1.50 and its 200 day moving average is $1.84. The company has a market cap of $79.51 million, a P/E ratio of -0.98 and a beta of 0.95. The company has a debt-to-equity ratio of 2.90, a quick ratio of 2.91 and a current ratio of 2.91. Urban One, Inc. has a 1 year low of $1.23 and a 1 year high of $4.35.
Urban One (NASDAQ:UONE - Get Free Report) last posted its quarterly earnings data on Tuesday, November 12th. The company reported $0.31 EPS for the quarter. The business had revenue of $110.39 million for the quarter. Urban One had a positive return on equity of 17.29% and a negative net margin of 17.82%.
A hedge fund recently bought a new stake in Urban One stock. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of Urban One, Inc. (NASDAQ:UONE - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 13,801 shares of the company's stock, valued at approximately $27,000. 8.23% of the stock is currently owned by institutional investors and hedge funds.
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.
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