Urban One (UONEK) Scheduled to Post Quarterly Earnings on Thursday

Urban One (NASDAQ:UONEK) is set to release its earnings data before the market opens on Thursday, November 7th.

Urban One (NASDAQ:UONEK) last announced its earnings results on Thursday, August 8th. The company reported $0.57 EPS for the quarter. Urban One had a negative net margin of 22.45% and a positive return on equity of 15.38%. The business had revenue of $117.74 million during the quarter.

Urban One Stock Performance

NASDAQ UONEK opened at $1.08 on Thursday. The firm has a market cap of $53.64 million, a P/E ratio of 6.35 and a beta of 0.56. Urban One has a 52-week low of $0.97 and a 52-week high of $5.92. The business’s 50-day moving average price is $1.16 and its 200 day moving average price is $1.40. The company has a quick ratio of 2.76, a current ratio of 2.77 and a debt-to-equity ratio of 2.54.

Insider Activity

In other Urban One news, CFO Peter Thompson sold 200,000 shares of the company’s stock in a transaction on Monday, September 23rd. The shares were sold at an average price of $1.23, for a total transaction of $246,000.00. Following the completion of the transaction, the chief financial officer now owns 320,642 shares in the company, valued at approximately $394,389.66. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 50.45% of the company’s stock.

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.