What is the Market's View on Urban One Inc Class A (UONE) Stock's Price and Volume Trends Tuesday?

Overall market sentiment has been high on Urban One Inc Class A (UONE) stock lately. UONE receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Urban One Inc Class A has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on UONE!

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What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. 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 -5.46% while the S&P 500 is up 1.33% as of 11:49 AM on Tuesday, May 17. UONE has fallen -$0.61 from the previous closing price of $11.26 on volume of 360,857 shares. Over the past year the S&P 500 is down -2.45% while UONE is up 96.13%. UONE earned $0.71 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 15.03. To screen for more stocks like 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. Click Here to get the full Stock Report for Urban One Inc Class A stock.