Radio One, Inc. (ROIAK) Reaches $3.45 After 3.00% Gap Up, Western Asset Managed Municipals Fund (MMU) Sentiment Is 0.71

The stock of Radio One, Inc. (NASDAQ:ROIAK) gapped up by $0.05 today and has $3.55 target or 3.00% above today’s $3.45 share price. The 5 months technical chart setup indicates low risk for the $177.49 million company. The gap was reported on Apr, 20 by Barchart.com. If the $3.55 price target is reached, the company will be worth $5.32M more. About 19,618 shares traded. Radio One, Inc. (NASDAQ:ROIAK) has risen 8.06% since September 13, 2016 and is uptrending. It has underperformed by 1.86% the S&P500.

Western Asset Managed Municipals Fund Inc. is a non-diversified, closed-end management investment company. The company has market cap of $592.89 million. The Fund seeks to maximize current income exempt from federal income tax as is consistent with preservation of principal. It currently has negative earnings. It seeks to achieve its objective by investing primarily in long-term investment grade municipal debt securities issued by state and local governments, political subdivisions, agencies and public authorities .

Radio One, Inc. together with its subsidiaries, is an urban-oriented, multi-media company. The company has market cap of $177.49 million. The Company’s radio broadcasting franchise business primarily targets African-American and urban listeners. It currently has negative earnings. It operates through four divisions: radio broadcasting; Reach Media, Inc. ; Internet, and cable television.

Investors sentiment increased to 1.24 in Q4 2016. Its up 0.03, from 1.21 in 2016Q3. It increased, as 2 investors sold Radio One, Inc. shares while 15 reduced holdings. 6 funds opened positions while 15 raised stakes. 18.15 million shares or 0.31% more from 18.09 million shares in 2016Q3 were reported. The California-based Schwab Charles Inv Management has invested 0% in Radio One, Inc. (NASDAQ:ROIAK). Royal Bancorporation Of Canada invested 0% of its portfolio in Radio One, Inc. (NASDAQ:ROIAK). Brigade Cap Lp stated it has 2.05 million shares. State Street has 294,383 shares for 0% of their portfolio. 1.29M were accumulated by Renaissance Tech Lc. Blackrock Institutional Tru Commerce Na holds 1.21M shares. Walleye Trading Limited Com reported 2,500 shares or 0% of all its holdings. Citigroup Incorporated holds 0% or 12,688 shares in its portfolio. 20,168 are held by Zurcher Kantonalbank (Zurich Cantonalbank). Nationwide Fund Advsrs accumulated 22,250 shares. Kellner Capital Ltd Llc holds 0.16% or 96,964 shares. Bank & Trust Of New York Mellon Corp holds 56,418 shares. Moreover, Loring Wolcott Coolidge Fiduciary Ltd Liability Partnership Ma has 0% invested in Radio One, Inc. (NASDAQ:ROIAK). Spark Invest Mngmt Ltd reported 0.01% of its portfolio in Radio One, Inc. (NASDAQ:ROIAK). Alexandria Capital Limited Liability Corporation holds 0.01% or 12,800 shares in its portfolio.

Analysts await Radio One, Inc. (NASDAQ:ROIAK) to report earnings on May, 4.

About 26,663 shares traded. Western Asset Managed Municipals Fnd Inc (NYSE:MMU) has declined 8.82% since September 13, 2016 and is downtrending. It has underperformed by 18.75% the S&P500.