Urban One Inc (UONE) Stock: A Closer Look at the Market Potential

XELA Stock

The price-to-earnings ratio for Urban One Inc (NASDAQ: UONE) is above average at 10.51x, Company’s 36-month beta value is 1.01.

The public float for UONE is 8.76M, and currently, short sellers hold a 0.68% ratio of that floaft. The average trading volume of UONE on April 05, 2024 was 56.39K shares.

UONE) stock’s latest price update

Urban One Inc (NASDAQ: UONE) has seen a decline in its stock price by -6.21 in relation to its previous close of 2.49. However, the company has experienced a -6.77% decline in its stock price over the last five trading sessions. Seeking Alpha reported 2024-01-11 that Urban One, Inc. (UNOE) Q3 2023 Earnings Call Transcript

UONE’s Market Performance

UONE’s stock has fallen by -6.77% in the past week, with a monthly drop of -27.10% and a quarterly drop of -41.94%. The volatility ratio for the week is 10.45% while the volatility levels for the last 30 days are 10.29% for Urban One Inc The simple moving average for the last 20 days is -0.86% for UONE stock, with a simple moving average of -48.58% for the last 200 days.

UONE Trading at -24.89% from the 50-Day Moving Average

After a stumble in the market that brought UONE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -70.71% of loss for the given period.

Volatility was left at 10.29%, however, over the last 30 days, the volatility rate increased by 10.45%, as shares sank -4.10% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -39.85% lower at present.

During the last 5 trading sessions, UONE fell by -6.77%, which changed the moving average for the period of 200-days by -60.47% in comparison to the 20-day moving average, which settled at $2.36. In addition, Urban One Inc saw -41.94% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at UONE starting from KANTOR DAVID M, who sale 87 shares at the price of $3.75 back on Dec 28 ’23. After this action, KANTOR DAVID M now owns 273,527 shares of Urban One Inc, valued at $326 using the latest closing price.

Stock Fundamentals for UONE

Current profitability levels for the company are sitting at:

  • -0.02 for the present operating margin
  • 0.72 for the gross margin

The net margin for Urban One Inc stands at 0.03. The total capital return value is set at -0.01. Equity return is now at value 5.41, with 1.21 for asset returns.

Based on Urban One Inc (UONE), the company’s capital structure generated 0.73 points at debt to capital in total, while cash flow to debt ratio is standing at 0.08. The debt to equity ratio resting at 2.68. The interest coverage ratio of the stock is -0.19.

Currently, EBITDA for the company is 219.06 million with net debt to EBITDA at 1.92. When we switch over and look at the enterprise to sales, we see a ratio of 1.33. The receivables turnover for the company is 3.73for trailing twelve months and the total asset turnover is 0.41. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.73.

Conclusion

In a nutshell, Urban One Inc (UONE) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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