Emerson Radio (NYSEAMERICAN:MSN) Stock Crosses Above 200-Day Moving Average – Here’s Why

Emerson Radio Corp. (NYSEAMERICAN:MSNGet Free Report)’s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $0.00 and traded as high as $0.45. Emerson Radio shares last traded at $0.44, with a volume of 1,655 shares traded.

Wall Street Analysts Forecast Growth

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

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Emerson Radio Stock Up 0.1 %

The firm has a market cap of $9.26 million, a PE ratio of -2.75 and a beta of 0.41.

Emerson Radio Company Profile

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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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