Emerson Radio (NYSEAMERICAN:MSN) Shares Cross Above Two Hundred Day Moving Average – Should You Sell?

Emerson Radio Corp. (NYSEAMERICAN:MSN) shares crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $0.00 and traded as high as $0.51. Emerson Radio shares last traded at $0.48, with a volume of 26,487 shares trading hands.

Wall Street Analyst Weigh In

Separately, StockNews.com assumed coverage on shares of Emerson Radio in a research note on Tuesday, November 5th. They issued a “sell” rating on the stock.

Emerson Radio Stock Down 5.3 %

Emerson Radio (NYSEAMERICAN:MSN) last issued its quarterly earnings data on Wednesday, August 14th. The company reported ($0.05) earnings per share for the quarter. The firm had revenue of $2.20 million for the quarter. Emerson Radio had a negative return on equity of 11.76% and a net margin of 3.90%.

Emerson Radio Company Profile

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.