Urban One (NASDAQ:UONE) Stock Price Crosses Below Two Hundred Day Moving Average of $2.95

Urban One, Inc. (NASDAQ:UONE)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $2.95 and traded as low as $1.86. Urban One shares last traded at $1.90, with a volume of 185,430 shares changing hands.

Urban One Stock Performance

The company has a debt-to-equity ratio of 2.25, a current ratio of 2.95 and a quick ratio of 2.95. The company has a fifty day moving average price of $2.13 and a 200 day moving average price of $2.95. The stock has a market cap of $94.37 million, a P/E ratio of 11.18 and a beta of 0.93.

Institutional Trading of Urban One

A hedge fund recently bought a new position in Urban One stock. WINTON GROUP Ltd acquired a new stake in shares of Urban One, Inc. (NASDAQ:UONE) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 13,561 shares of the company’s stock, valued at approximately $68,000. 8.23% of the stock is owned by institutional investors.

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.