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

Equities research analysts at StockNews.com initiated coverage on shares of Emerson Radio (NYSEAMERICAN:MSNGet Free Report) in a report released on Thursday. The brokerage set a “sell” rating on the stock.

Emerson Radio Stock Up 5.1 %

Shares of MSN opened at $0.53 on Thursday. Emerson Radio has a 12-month low of $0.36 and a 12-month high of $0.83.

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

Emerson Radio Company Profile

(Get Free Report)

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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