The Singing Machine Company, Inc. (OTCMKTS:SMDM – Get Free Report) passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $0.19 and traded as low as $0.1850. Singing Machine shares last traded at $0.1865, with a volume of 426,400 shares traded.
Singing Machine Stock Down 6.8%
The firm has a fifty day simple moving average of $0.19 and a 200 day simple moving average of $0.19.
Singing Machine Company Profile
The Singing Machine Company, Inc (OTCMKTS:SMDM) is a U.S.-based designer, manufacturer and marketer of home karaoke entertainment products. The company’s core offering includes standalone and plug-and-play karaoke systems, wireless microphones and headset microphones, all engineered to deliver a user-friendly singing experience for family, friends and social gatherings. Through ongoing product innovation, The Singing Machine has expanded its portfolio to include Bluetooth-enabled units and mobile app-compatible systems.
In addition to hardware, the company produces and licenses music content in the form of sing-along discs and digital downloads.
Featured Stories
- Five stocks we like better than Singing Machine
- Put $1,000 into this stock by Jan 1 [Not NVDA]
- Do you know what Amazon is planning for January 1?
- Turn your “dead money” into $306+ monthly (starting this month)
- Washington prepares for war
- Strange Crystal Metal Outperforms Silicon Up to 100X
Receive News & Ratings for Singing Machine Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Singing Machine and related companies with MarketBeat.com's FREE daily email newsletter.
