Alert: Major Price Decline (11/8/23)-Urban One Inc (NASDAQ: UONEK).

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Urban One Inc (NASDAQ: UONEK) stock closed at $3.45 on 11/8/23 after a major decline of -38.9%. Relative to the market the stock has been strong over the last nine months but has declined -35.0% during the last week.

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Current PriceTarget Research Rating

UONEK’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.

Urban One has a current Value Trend Rating of A (Highest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Urban One has a slightly positive Power Rating of 65 and a good Appreciation Score of 84, resulting in the Highest Value Trend Rating.

Rating Review

In light of this highly negative price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.

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