Emerson Radio (NYSEAMERICAN:MSN) Stock Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

by · The Cerbat Gem

Emerson Radio Corporation (NYSEAMERICAN:MSN – Get Free Report) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.44 and traded as high as $0.4475. Emerson Radio shares last traded at $0.4240, with a volume of 123,192 shares.

Emerson Radio Stock Performance

The company has a market cap of $8.92 million, a P/E ratio of -1.84 and a beta of 0.27. The stock has a 50 day moving average price of $0.48 and a 200 day moving average price of $0.44.

Emerson Radio (NYSEAMERICAN:MSN – Get Free Report) last announced its earnings results on Friday, November 14th. The company reported ($0.05) earnings per share for the quarter. Emerson Radio had a negative net margin of 47.84% and a negative return on equity of 25.55%. The firm had revenue of $1.22 million for the quarter.

Institutional Trading of Emerson Radio

An institutional investor recently bought a new position in Emerson Radio stock. Citadel Advisors LLC bought a new stake in shares of Emerson Radio Corporation (NYSEAMERICAN:MSN – Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 58,048 shares of the company’s stock, valued at approximately $25,000. Citadel Advisors LLC owned about 0.28% of Emerson Radio at the end of the most recent reporting period.

About Emerson Radio

(Get Free Report)

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, massagers, and security products.

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