Overall market sentiment has been down on Emerson Radio Corp (MSN) stock lately. MSN receives a Bearish rating from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment.
Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor.
InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon.
The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.
What's Happening With MSN Stock Today?
Emerson Radio Corp (MSN) stock is trading at $1.19 as of 2:10 PM on Thursday, Jan 21, a gain of $0.11, or 10.19% from the previous closing price of $1.08. The stock has traded between $1.10 and $1.28 so far today. Volume today is more active than usual. So far 1,692,544 shares have traded compared to average volume of 503,018 shares.
To see the top 5 stocks in the Consumer Electronics industry click here.
More About Emerson Radio Corp
Emerson Radio Corp operates in the consumer electronics industry. The company designs, sources, imports and markets a variety of houseware and consumer electronic products, and licenses the Emerson trademark for a domestically and internationally. Its products offered encompass televisions, digital versatile disc players and video cassette recorders, audio accessories, microwave ovens, home theatre, high-end audio products, office products, mobile stereo, and wireless products. geographically, it derives a majority of revenue from the United States.
Click Here to get the full Stock Score Report on Emerson Radio Corp (MSN) Stock.
