Emerson Radio (NYSEAMERICAN:MSN) Stock Price Crosses Above 200 Day Moving Average – What’s Next?

Emerson Radio Corporation (NYSEAMERICAN:MSN) crossed above its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $0.41 and traded as high as $0.4756. Emerson Radio shares last traded at $0.4654, with a volume of 298,889 shares traded.

Emerson Radio Price Performance

The company has a 50 day simple moving average of $0.43 and a 200-day simple moving average of $0.41. The stock has a market cap of $9.70 million, a P/E ratio of -2.71 and a beta of 0.46.

Emerson Radio (NYSEAMERICAN:MSN) last announced its quarterly earnings data on Friday, August 14th. The company reported ($0.03) earnings per share for the quarter. The firm had revenue of $2.11 million for the quarter. Emerson Radio had a negative net margin of 65.50% and a negative return on equity of 25.47%.

About Emerson Radio

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.