The Singing Machine Company Inc. Common Stock
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $1.04
- Today's High:
- $1.1211
- Open Price:
- $1.06
- 52W Low:
- $0.95
- 52W High:
- $7.89
- Prev. Close:
- $1.08
- Volume:
- 22402
Company Statistics
- Market Cap.:
- $5.02 million
- Book Value:
- 2.262
- Revenue TTM:
- $30.23 million
- Operating Margin TTM:
- -20.76%
- Gross Profit TTM:
- $9.21 million
- Profit Margin:
- -23.43%
- Return on Assets TTM:
- -18.08%
- Return on Equity TTM:
- -59.57%
Company Profile
The Singing Machine Company Inc. Common Stock had its IPO on 2016-01-06 under the ticker symbol MICS.
The company operates in the Technology sector and Consumer Electronics industry. The Singing Machine Company Inc. Common Stock has a staff strength of 37 employees.
Stock update
Shares of The Singing Machine Company Inc. Common Stock opened at $1.06 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $1.04 - $1.12, and closed at $1.09.
This is a +1.37% increase from the previous day's closing price.
A total volume of 22,402 shares were traded at the close of the day’s session.
In the last one week, shares of The Singing Machine Company Inc. Common Stock have slipped by -8%.
The Singing Machine Company Inc. Common Stock's Key Ratios
The Singing Machine Company Inc. Common Stock has a market cap of $5.02 million, indicating a price to book ratio of 0.959 and a price to sales ratio of 0.291.
In the last 12-months The Singing Machine Company Inc. Common Stock’s revenue was $30.23 million with a gross profit of $9.21 million and an EBITDA of $-5922471. The EBITDA ratio measures The Singing Machine Company Inc. Common Stock's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, The Singing Machine Company Inc. Common Stock’s operating margin was -20.76% while its return on assets stood at -18.08% with a return of equity of -59.57%.
In Q2, The Singing Machine Company Inc. Common Stock’s quarterly earnings growth was a negative -81.4% while revenue growth was a negative 77.5%.
The Singing Machine Company Inc. Common Stock’s PE and PEG Ratio
- Forward PE
- 0
- Trailing PE
- 0
- PEG
Its diluted EPS in the last 12-months stands at $-2.27 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into The Singing Machine Company Inc. Common Stock’s profitability.
The Singing Machine Company Inc. Common Stock stock is trading at a EV to sales ratio of 0.2894 and a EV to EBITDA ratio of 18.0509. Its price to sales ratio in the trailing 12-months stood at 0.291.
The Singing Machine Company Inc. Common Stock stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.
Balance sheet and cash flow metrics
- Total Assets
- $16.65 million
- Total Liabilities
- $6.13 million
- Operating Cash Flow
- $0
- Capital Expenditure
- $94750
- Dividend Payout Ratio
- 0%
The Singing Machine Company Inc. Common Stock ended 2024 with $16.65 million in total assets and $0 in total liabilities. Its intangible assets were valued at $16.65 million while shareholder equity stood at $10.33 million.
The Singing Machine Company Inc. Common Stock ended 2024 with $0 in deferred long-term liabilities, $6.13 million in other current liabilities, 31675.00 in common stock, $-19516944.00 in retained earnings and $0 in goodwill. Its cash balance stood at $2.89 million and cash and short-term investments were $2.89 million. The company’s total short-term debt was $607,472 while long-term debt stood at $36575.00.
The Singing Machine Company Inc. Common Stock’s total current assets stands at $15.20 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $2.31 million compared to accounts payable of $1.77 million and inventory worth $9.64 million.
In 2024, The Singing Machine Company Inc. Common Stock's operating cash flow was $0 while its capital expenditure stood at $94750.
Comparatively, The Singing Machine Company Inc. Common Stock paid $0 in dividends in 2024.
Other key metrics
- Current Trading Price
- $1.09
- 52-Week High
- $7.89
- 52-Week Low
- $0.95
- Analyst Target Price
- $
The Singing Machine Company Inc. Common Stock stock is currently trading at $1.09 per share. It touched a 52-week high of $7.89 and a 52-week low of $7.89. Analysts tracking the stock have a 12-month average target price of $.
Its 50-day moving average was $1.54 and 200-day moving average was $2.55 The short ratio stood at 0.02 indicating a short percent outstanding of 0%.
Around 5746.4% of the company’s stock are held by insiders while 864% are held by institutions.
Frequently Asked Questions About The Singing Machine Company Inc. Common Stock
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About
The Singing Machine Company, Inc., together with its subsidiaries, engages in the development, marketing, and sale of consumer karaoke audio equipment, accessories, and musical recordings in North America, Australia, the United Kingdom, Europe, and internationally. It offers karaoke products under the Singing Machine brand; licensed karaoke microphone products under the Carpool Karaoke brand; microphone and accessories, and portable Bluetooth microphones under the Party Machine brand; music entertainment singing machines for children under the brand Singing Machine Kids; and karaoke music subscription services for the iOS and Android platforms, as well as a web-based download store and integrated streaming services for hardware. The company primarily sells its products to retailers, including national chains, warehouse clubs, department stores, lifestyle merchants, specialty stores, and direct mail catalogs and showrooms. The Singing Machine Company, Inc. was incorporated in 1982 and is headquartered in Fort Lauderdale, Florida.