StockNews.com Initiates Coverage on Emerson Radio (NYSEAMERICAN:MSN)

Stock analysts at StockNews.com have assumed coverage on the stock Emerson Radio (NYSEAMERICAN:MSN – Get Free Report) in a note to investors on Monday. The firm set a “sell” rating on the stock.

Emerson Radio price performance

NYSEAMERICAN:MSN traded up $0.01 during mid-day trading on Monday, reaching $0.51. The company’s stock had a trading volume of 31,286 shares, compared to its average volume of 18,005. Emerson Radio has a fifty-two week low of $0.36 and a fifty-two week high of $0.83.

Emerson Radio (NYSEAMERICAN:MSN – Get Free Report ) last issued its earnings results on Wednesday, August 14th. The company reported ($0.05) EPS for the quarter. Emerson Radio had a negative return on equity of 11.76% and a net margin of 3.90%. The company had revenue of $2.20 million for the quarter.

About Emerson Radio

(Get a free report)

Emerson Radio Corp., together with its subsidiaries, designs, sources, imports, markets and sells various household and consumer electronic products under the Emerson brand in the United States and internationally. Offers household products such as microwave ovens, compact refrigerators and toasters; audio products, including clock radios, Bluetooth speakers, karaoke machines and wireless charging products; and other products including televisions, lithium batteries, massagers and security products.

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