The Singing Machine Company, Inc. (OTCMKTS:SMDM – Get Free Report) passed above its 50-day moving average during trading on Thursday. The stock has a 50-day moving average of $0.19 and traded as high as $0.2075. Singing Machine shares last traded at $0.1865, with a volume of 426,400 shares trading hands.
Singing Machine Trading Down 6.8%
The company has a 50 day moving average of $0.19 and a 200 day moving average of $0.19.
About Singing Machine
The Singing Machine Company, Inc develops and markets consumer karaoke products and related entertainment solutions. Its product portfolio has included home karaoke systems, portable karaoke machines, microphones, speakers, karaoke accessories and systems with features such as Bluetooth connectivity, lighting effects and digital audio compatibility.
The company also provides karaoke content and digital experiences designed for use with its hardware, including access to licensed songs and karaoke applications.
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