Urban One Inc. (UONEK): Year-to-date performance of UONEK is negative

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Urban One Inc. (NASDAQ:UONEK) changes shares on Wednesday trading session, with a change of -3.64% or -$0.06 shares. The trading starts at $1.61 and closed at $1.65 throughout the day. The trading session low price was $1.58 and day high was $1.65 on Wednesday, August 05. After the session, the Communication Services sector daily volume shifted to 0.61 million while its average volume is 5.94M. In other hand, the UONEK market cap reached to $130.33M.

On March 6, 2018, BRIEF-Urban One Reports Q4 Earnings Per Share $2.63. According to the news reported on Reuters, * URBAN ONE-IN QUARTER, RECORDED BENEFIT FROM INCOME TAXES OF ABOUT $117.2 MILLION PRIMARILY ATTRIBUTABLE TO REDUCTION OF DEFERRED TAX LIABILITY DUE TO TAX ACT Source text for Eikon: Further company coverage:

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is down -14.97% and down -18.46% for month. Its quarterly performance was 117.93% above, while its half year performance is down -14.97%. UONEK yearly performance stood at negative -26.73% and fall -16.32% for year-to-date.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. UONEK EPS (TTM) for 12-month is -0.43. Its EPS Q/Q reached -78.50%. It has an EPS of 15.00% up for past five years.

Let’s take a look on the analyst recommendations on UONEK for the current month and previous month. For the current month, 1 of 1 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 0 as Hold. As compared with the previous month ratings, 0 analysts participate in stock recommendation. Out of 0, 0 rated it sell, 0 rated it as Buy and 0 as Hold Ratings. On the other hand, target price ranges from $6.00 – $6.00. Average target price for UONEK was reached at $6.00.

The insider ownership moved to 24.60% and institutional holding shifted to 26.80%.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for UONEK fall -1.74% for period of 200 days. SMA for 50 days was -4.80% which is showing red signal, while SMA-20 was -3.90%. The moving average value for Urban One Inc. (UONEK) is 20.11k and 0.90% for 200 and 50 days respectively.