Emerson Radio Corporation (NYSEMKT:MSN) has been under a strong bear grip, hence the stock is down -7.38% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 7.25% in the past 1 week. The stock has risen by 8.62% in the past week indicating that the buyers are active at lower levels, but the stock is down -5.88% in the past 4 weeks.
The company shares have dropped -42.86% from its 1 Year high price. On Aug 11, 2015, the shares registered one year high at $1.31 and the one year low was seen on Jun 27, 2016. The 50-Day Moving Average price is $0.65 and the 200 Day Moving Average price is recorded at $0.84.
The stock has recorded a 20-day Moving Average of 3.4% and the 50-Day Moving Average is 7.69%.
Emerson Radio Corporation (NYSEMKT:MSN): stock turned positive on Friday. Though the stock opened at $0.6, the bulls momentum made the stock top out at $0.733 level for the day. The stock recorded a low of $0.588 and closed the trading day at $0.64, in the green by 6.84%. The total traded volume for the day was 709,920. The stock had closed at $0.599 in the previous days trading.
Emerson Radio Corp. is a consumer electronics distributor. The Company designs, sources, imports and markets a variety of housewares, video products and consumer electronic products, and licenses them to others across the world directly and through its subsidiaries. The Companys products include televisions, Digital Versatile Disc (DVD) players and video cassette recorders (VCRs), audio accessories, microwave ovens, home theater, high end audio products, office products, mobile stereo and wireless products. The Company distributes its products primarily through mass merchants, discount retailers, catalogers and Internet. Its core business consists primarily of the distribution and sale of various priced product categories.