StockNews.com started coverage on shares of Emerson Radio (NYSE:MSN – Get Rating) in a report issued on Wednesday. The firm set a “sell” rating on the stock.
MSN stock opened at $0.67 on Wednesday. Emerson Radio has a 52-week low of $0.64 and a 52-week high of $1.64. The company’s 50-day moving average price is $0.73.
Emerson Radio (NYSE:MSN – Get Rating) last released its quarterly earnings results on Monday, February 14th. The company reported ($0.06) earnings per share (EPS) for the quarter. The firm had revenue of $2.57 million for the quarter. Emerson Radio had a negative net margin of 45.58% and a negative return on equity of 14.17%.
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 provides houseware products, such as microwave ovens, compact refrigerators, wine products, and toaster ovens; audio products, including clock radios, Bluetooth speakers, and wireless charging products; and other products comprising massagers, toothbrushes, and security products.
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