Emerson Radio (NYSEAMERICAN:MSN) Shares Pass Above Two Hundred Day Moving Average of $0.00

Emerson Radio Corp. (NYSEAMERICAN:MSN)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.00 and traded as high as $0.52. Emerson Radio shares last traded at $0.50, with a volume of 18,095 shares traded.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on Emerson Radio in a research note on Thursday, April 11th. They set a “sell” rating on the stock.

Emerson Radio Stock Down 1.6 %

Emerson Radio (NYSEAMERICAN:MSN) last issued its earnings results on Thursday, June 27th. The company reported ($0.04) earnings per share for the quarter. Emerson Radio had a negative return on equity of 10.09% and a net margin of 8.45%. The business had revenue of $2.20 million for the quarter.

Emerson Radio Company Profile

Emerson Radio Corp., together with its subsidiaries, designs, sources, imports, markets, and sells various houseware and consumer electronic products under the Emerson brand in the United States and internationally. It offers houseware products, such as microwave ovens, compact refrigerators, and toaster ovens; audio products, including clock radios, Bluetooth speakers, karaoke machines, and wireless charging products; and other products comprising televisions, lithium batteries, massagers, and security products.