Emerson Radio Corp (AMEX:MSN) gain 24.64% – Is It right time to buy?

Emerson Radio Corp (MSN) saw an uptrend of 24.64% in the recent trading with $0.54 being its most recent. The current price level -35.00% lower than the highest price of $0.83 marked by the stock while trading over the past 52-weeks, whereas it is 54.72% higher than the lowest price of $0.35 the company dropped to over past 52-weeks. The latest news story on MSN appeared in (PR Newswire) under the title “Bain Capital Leads Masan Group’s Equity Funding Round of Up to US$500 Million”.

Squeezing the time span to 30 day period shows us the stock is currently trading -8.08% below one month high and is +31.95% above of the lowest during that time. Looking into the simple moving average, Emerson Radio Corp (MSN)’s stock stands at a SMA-50 of $0.4536 while that of 5-day is reading $0.4502.

Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and MSN’s SMA-200 as of now is $0.5001.

Emerson Radio Corp Earnings – What Happened With MSN

Coming around sales and income figures on MSN Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.

MSN – Emerson Radio Corp Stock Earnings Estimates

Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 21.04 million. MSN does have institutional investors; and they hold 4.44% of the stock.

Emerson Radio Corp – Insider Activity and Holdings

As on 2024-06-30, RENAISSANCE TECHNOLOGIES LLC was the top most holder in Emerson Radio Corp (AMEX:MSN) with an ownership of 0.73 million shares of the company or 3.4776 of the stake worth $0.43 million. The filing also reveals BRIDGEWAY CAPITAL MANAGEMENT, LLC as the second largest holder in the company with a control over 0.3426 of the outstanding shares. Its stake is worth $42539.0 for having 72100.0 shares in hand.

VANGUARD GROUP INC also came holding a key position in the company during the recent quarter and it now holds 0.2564 of the outstanding shares. With this there are now 13.0 institutions which have possession in MSN’s shares.

The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Emerson Radio Corp has a debt to equity ratio of 0.02.

Technical Analysis of Emerson Radio Corp (AMEX:MSN) stock

To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Emerson Radio Corp (MSN), we notice that the stock’s 20-day average volume is at 229,200 shares and 50% of short term indicators are suggesting the stock as Sell. Medium term indicators at an average of 50% are spotting the stock at Sell with its 50-day average volume of 102,300 shares. And to end, MSN’s 100-day average volume is 56,581 shares with 50% of the long-term indicators pointing towards Buy for the stock.