Urban One, Inc. (UONE) Running Into Trouble Today

Urban One, Inc. (NASDAQ:UONE) is in the list of top stocks to avoid today as the company shares are trading 26.62% or 0.78 points down from last closing price of $2.93, reaching $2.15 at last check. The UONE share price has dropped in 3 of the last 5 days and is up 30.22% over the past week. It will be exciting to see whether the stock manages to continue decreasing or take a minor break for the next few days. The move came on weak volume too with far less shares changing hands than in a normal session. Trading activity as of this writing weakened by -628,273 shares, and in total 113727 shares valued at $244513 were seen changing hands compared with 742000 shares valued at $2.174 million recorded at the previous session. You should take into consideration that a falling volume on lower prices shows the bearish trend but this is an early indication which means that the UONE stock is near its bottom.

Urban One, Inc. (UONE) shares have notched a 3-month gain of about 30.22%, but has still advanced 40.19% year to date. By comparison, the stock added 36.28% over the past 12 months, while it jumped 27.42% over the 1 month. The company’s market cap is around $4.73M, with its short interest ratio standing at 0.02%.

In the current trading session for UONE, the stock witnessed two major price actions, it rose to a high of $2.66 and was down as much as $2.01 at one point. The high recorded is very low when compared to their 52-week high which is $1.74. The 52-week high is now at -40.28 distance from current price. Their recent low of $3.6 represents a 23.56% recovery. This data is quite important for investors who look to benefit from the recent rise of the company’s stock. Taking a look at the overall sentimental views of financial analysts, the trading pattern of this stock recently is very clear.

The stock of Urban One, Inc. earned $3.3 per share in the trailing 12 months and has a P/E ratio of 0.65. You can compare it with that of similar companies in its industry to get a sense of whether the stock you’re looking to purchase is overvalued or undervalued. Its current price to earnings ratio is lower than the ones recorded by the industry which is 24.45 and lower compared to the sector’s average of 19.34. When the P/E ratio is low let’s say below 1.0, then the stock price is considered a good value. UONE also has P/S multiple of 0.01. This is smaller versus the 12 month P/S ratios of other companies in the same indutry. The peer average price to sales ratio is 5.33x.

The company recorded an interesting insider sale transaction by the CFO on Dec 19, 2016. A Securities and Exchanges Commission filings show that Peter Thompson sold a total of 1,900 UONE shares that day for a sum of around $5,320. The filings show that the insider now retains 260,434 shares, currently worth $559,933. Urban One, Inc. (UONE) insiders have acquired no shares in the stock within the past three months. The total insider sales reported to the SEC in that time frame amounted to 50,000 shares. In total, individual insiders traded 50,000 shares in the business, which makes up 24.145% of 207,081 shares that were traded over a year. In the past 12 months, insiders have purchased 93,024 shares while the seller parted with 114,057 shares.

UONE‘s last price was down -8.4% as compared to the average trading price of 50 days recorded at $2.35 while enlarging the period to 200 trading days, the average closing price was $2.17. At present, there are 1.62 million in the total number of common shares owned by the public and among those shares have been available to trade. The percentage of shares being held by the company management was 40.69% while institutions stake was 8.33%. The company has generated negative returns on equity over the last 12 months (0%). It managed to keep its gross profit margin at 0% over the past 12 months.

When assessing the full upside of the UONE stock, there is another set of technicals that should be looked into and considered. Its 4.59% gain from moving average of $2.06 has brought about a positive sentiment when calculated over the last 20 days. The market has allocated a beta of 0 to the stock. With the beta been less than one, this implies that the company shares are theoretically less volatile than the market, something that the traders definitely are keeping an eye on.