Emerson Radio (NYSEAMERICAN:MSN) Share Price Passes Above Two Hundred Day Moving Average – Here’s Why

Shares of Emerson Radio Corp. (NYSEAMERICAN:MSNGet Free Report) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $0.00 and traded as high as $0.48. Emerson Radio shares last traded at $0.47, with a volume of 3,724 shares traded.

Analysts Set New Price Targets

Separately, StockNews.com began coverage on shares of Emerson Radio in a research note on Saturday, January 11th. They set a “sell” rating on the stock.

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Emerson Radio Stock Performance

The company has a market cap of $9.91 million, a price-to-earnings ratio of -2.94 and a beta of 0.41.

About Emerson Radio

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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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