The market has been down on Urban One Inc Class A (UONE) stock recently. UONE gets a Bearish score from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company.
Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor.
InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon.
The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.
What's Happening With UONE Stock Today?
Urban One Inc Class A (UONE) stock is down -4.42% while the S&P 500 is higher by 0.67% as of 9:46 AM on Monday, Aug 31. UONE has fallen -$0.18 from the previous closing price of $4.07 on volume of 81,479 shares. Over the past year the S&P 500 has risen 20.70% while UONE is higher by 118.54%. UONE lost -$0.55 per share in the over the last 12 months.
To see InvestorsObserver's Sentiment Score for Urban One Inc Class A click here.
More About Urban One Inc Class A
Urban One Inc is an urban oriented, multi-media company. Its business is radio broadcasting franchise that is the radio broadcasting operation that targets African-American and urban listeners. It operates through the following segments: Radio Broadcasting, Reach Media, Digital, and Cable Television. The Radio Broadcasting segment includes all the broadcasting related operations. The Reach Media segment consists of the Tom Joyner Morning Show and its related activities. The Digital segment focuses on its online business, including the operations of Interactive One. The Cable Television segment deals with TV One's operations.
