The Singing Machine Company, Inc. (OTCMKTS:SMDM – Get Free Report) crossed below its 50 day moving average during trading on Wednesday. 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.
Singing Machine Trading Down 6.8%
The stock has a fifty day simple moving average of $0.19 and a two-hundred day simple moving average of $0.19.
About Singing Machine
The Singing Machine Company, Inc develops and markets consumer karaoke products and related entertainment solutions. Its product portfolio has included home karaoke systems, portable karaoke machines, microphones, speakers, karaoke accessories and systems with features such as Bluetooth connectivity, lighting effects and digital audio compatibility.
The company also provides karaoke content and digital experiences designed for use with its hardware, including access to licensed songs and karaoke applications.
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