Emerson Radio (NYSEAMERICAN:MSN) Stock Crosses Above Two Hundred Day Moving Average – What’s Next?

Shares of Emerson Radio Corp. (NYSEAMERICAN:MSN) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.00 and traded as high as $0.48. Emerson Radio shares last traded at $0.44, with a volume of 30,977 shares.

Wall Street Analyst Weigh In

Separately, StockNews.com started coverage on shares of Emerson Radio in a research report on Saturday, January 11th. They issued a “sell” rating for the company.

Emerson Radio Stock Performance

The stock has a market capitalization of $9.26 million, a P/E ratio of -2.75 and a beta of 0.41.

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, massagers, and security products.