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

StockNews.com assumed coverage on shares of Emerson Radio (NYSEAMERICAN:MSNFree Report) in a research note released on Friday. The brokerage issued a sell rating on the stock.

Emerson Radio Stock Performance

Shares of NYSEAMERICAN:MSN opened at $0.50 on Friday. Emerson Radio has a 52-week low of $0.36 and a 52-week high of $0.83.

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

About Emerson Radio

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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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