Emerson Radio Corporation (NYSEAMERICAN:MSN – Get Free Report) shares crossed below its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $0.41 and traded as low as $0.3902. Emerson Radio shares last traded at $0.4030, with a volume of 69,146 shares changing hands.
Emerson Radio Stock Up 0.8%
The firm has a market cap of $8.30 million, a PE ratio of -2.32 and a beta of 0.47. The business has a 50 day simple moving average of $0.43 and a two-hundred day simple moving average of $0.41.
Emerson Radio (NYSEAMERICAN:MSN – Get Free Report) last posted its quarterly earnings results on Friday, August 14th. The company reported ($0.03) earnings per share (EPS) for the quarter. The firm had revenue of $2.11 million for the quarter. Emerson Radio had a negative return on equity of 25.47% and a negative net margin of 65.50%.
Emerson Radio Company Profile
Emerson Radio Corp. is a consumer electronics and housewares company that develops, sources, imports and distributes products under the Emerson brand. Its product portfolio has historically included televisions, DVD and Blu-ray players, home audio equipment, clock radios, microwave ovens, air conditioners and other small household appliances.
The company’s business has generally focused on brand licensing, product sourcing and distribution rather than operating a large manufacturing network of its own.
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