It seems for a while we were continuously reporting Radio One’s stock as falling and who wants to hear that all the time. Good news is on the horizon for Radio One as they were among the biggest gainers on the Russell 2000,one of the leading indices tracking small-cap companies in the United States,for Tuesday January 26 as the stock rose 6.38% to $1.50, representing a gain of $0.09 per share. Some 16,199 shares traded hands on 106 trades, compared with an average daily volume of 39,290 shares out of a total float of 49.89 million. The stock opened at $1.41 and traded with an intraday range of $1.50 to $1.41.
After Tuesday’s gains, Radio One Inc. reached a market cap of $74.84 million. Radio One Inc. has had a trading range between $4.22 and $1.30 over 2015. 2016 is new year and we wanted to report some great news about Radio One. We will see where the stock goes from here but at least Tuesday was a win.