Home Music Industry News Radio Ones Stock Jumps AGAIN… 10.56%

Radio Ones Stock Jumps AGAIN… 10.56%

LOS ANGELES, CA - FEBRUARY 06:  Cathy Hughes, founder of Radio One and TV One, attends the Lexus Listening Lounge pre-Grammy cocktail party at Area Nightclub on February 6, 2008 in Los Angeles, California.  (Photo by Michael Buckner/Getty Images)
LOS ANGELES, CA – FEBRUARY 06: Cathy Hughes, founder of Radio One and TV One, attends the Lexus Listening Lounge pre-Grammy cocktail party at Area Nightclub on February 6, 2008 in Los Angeles, California. (Photo by Michael Buckner/Getty Images)

I should have purchased a few weeks ago but it still may be a good time to buy? Urban radio legend corp Radio One Inc. (ROIAK) was among the biggest gainers on the Russell 2000 for Thursday April 14 as the stock popped 10.56% to $1.57, representing a gain of $0.15 per share. Some 57,301 shares traded hands on 522 trades, compared with an average daily volume of 33,655 shares out of a total float of 49.61 million. The stock opened at $1.45 and traded with an intraday range of $1.59 to $1.45.

After Thursay’s gains, Radio One Inc. reached a market cap of $77.89 million. Radio One Inc. has had a trading range between $4.22 and $0.98 over the last year, and it had a 50-day SMA of $1.39 and a 200-day SMA of $2.02. (Buy at your own risk we are not recommending any purchases just reporting the news)

 

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