PodcastOne, Inc. (NASDAQ:PODC - Get Free Report) Chairman Robert S. Ellin bought 9,055 shares of the firm's stock in a transaction that occurred on Thursday, September 19th. The shares were acquired at an average price of $1.81 per share, with a total value of $16,389.55. Following the purchase, the chairman now owns 108,563 shares of the company's stock, valued at $196,499.03. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.
PodcastOne Trading Up 3.3 %
PODC opened at $1.88 on Friday. PodcastOne, Inc. has a one year low of $1.20 and a one year high of $3.68. The business's 50-day simple moving average is $1.52 and its 200-day simple moving average is $1.78.
PodcastOne (NASDAQ:PODC - Get Free Report) last released its quarterly earnings results on Tuesday, August 13th. The company reported ($0.06) EPS for the quarter, hitting the consensus estimate of ($0.06). The company had revenue of $13.16 million for the quarter, compared to analyst estimates of $13.00 million. PodcastOne had a negative return on equity of 96.68% and a negative net margin of 34.67%. On average, sell-side analysts anticipate that PodcastOne, Inc. will post -0.25 earnings per share for the current fiscal year.
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Separately, Litchfield Hills Research started coverage on shares of PodcastOne in a research report on Thursday, June 6th. They set a "buy" rating and a $5.00 price objective for the company.
Read Our Latest Research Report on PODC
PodcastOne Company Profile
(
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PodcastOne, Inc operates as a podcast platform and publisher. The company offers its content to audiences through podcasting distribution platforms, including its website, Apple Podcasts, Spotify, Amazon Music, and others. It also produces vodcasts, branded podcasts, merchandise, and live events. In addition, the company builds, owns, and operates LaunchPadOne, a self-publishing podcast platform.
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