Radio One Inc. (ROIAK) was among the biggest gainers on the Russell 2000 for Tuesday June 21 as the stock popped 5.5% to $3.07, representing a gain of $0.16 per share. Some 80,017 shares traded hands on 668 trades, compared with an average daily volume of 50,373 shares out of a total float of 49.11 million. The stock opened at $2.97 and traded with an intraday range of $3.08 to $2.85.
After today’s gains, Radio One Inc. reached a market cap of $150.77 million. Radio One Inc. has had a trading range between $3.75 and $0.98 over the last year, and it had a 50-day SMA of $2.32 and a 200-day SMA of $1.92.
Radio 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 owns and operates approximately 56 broadcast stations.