Emerson Radio Corporation (NYSEAMERICAN:MSN – Get Free Report) was the recipient of a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 64,213 shares, a decline of 40.4% from the September 30th total of 107,654 shares. Approximately 0.8% of the company’s shares are sold short. Based on an average daily trading volume, of 144,177 shares, the days-to-cover ratio is presently 0.4 days.
Emerson Radio Price Performance
MSN traded down $0.00 during trading hours on Monday, reaching $0.32. The company’s stock had a trading volume of 39,587 shares, compared to its average volume of 156,530. The stock has a market cap of $6.63 million, a PE ratio of -1.85 and a beta of 0.49. Emerson Radio has a fifty-two week low of $0.30 and a fifty-two week high of $0.55. The business’s 50-day moving average is $0.42 and its 200-day moving average is $0.40.
Emerson Radio (NYSEAMERICAN:MSN – Get Free Report) last posted its earnings results on Friday, August 14th. The company reported ($0.03) earnings per share (EPS) for the quarter. Emerson Radio had a negative return on equity of 25.47% and a negative net margin of 65.50%. The business had revenue of $2.11 million for the quarter.
About Emerson Radio
Emerson Radio Corp. is a consumer electronics company that develops, sources and distributes products under the Emerson brand. Its product offerings have included televisions, audio equipment, Bluetooth speakers, radios and other entertainment products, along with selected household and kitchen appliances.
The company primarily operates through brand licensing, product sourcing and distribution rather than extensive in-house manufacturing. Emerson-branded products are sold through retail and online channels, serving consumers in the United States and, through licensing and distribution arrangements, select international markets.
Emerson is a longstanding American consumer electronics brand with roots in radio and television products.
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