Emerson Radio (NYSEAMERICAN:MSN) Shares Cross Above 200-Day Moving Average of $0.00

Shares of Emerson Radio Corp. (NYSEAMERICAN:MSN) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $0.00 and traded as high as $0.59. Emerson Radio shares last traded at $0.57, with a volume of 15,623 shares changing hands.

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on Emerson Radio in a report on Thursday, April 11th. They set a “sell” rating for the company.

Emerson Radio Stock Up 1.1 %

Emerson Radio (NYSEAMERICAN:MSN) last issued its quarterly earnings results on Tuesday, February 20th. The company reported ($0.02) earnings per share (EPS) for the quarter. The business had revenue of $2.62 million for the quarter. Emerson Radio had a net margin of 20.14% and a negative return on equity of 5.84%.

About Emerson Radio

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.