The Singing Machine Analysis

MICSDelisted Stock  USD 0.29  0.03  11.54%   
The Singing Machine is overvalued with Real Value of 0.28 and Hype Value of 0.3. The main objective of Singing Machine delisted stock analysis is to determine its intrinsic value, which is an estimate of what The Singing Machine is worth, separate from its market price. There are two main types of Singing Machine's stock analysis: fundamental analysis and technical analysis.
The Singing Machine stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Singing Machine is usually not traded on Memorial Day, Juneteenth Holiday, Independence Day, Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday. Singing Stock trading window is adjusted to America/New York timezone.
  
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Singing Stock Analysis Notes

About 47.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.25. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Singing Machine recorded a loss per share of 1.47. The entity had not issued any dividends in recent years. The firm had 1:30 split on the 24th of May 2022. 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, Europe, and Australia. The Singing Machine Company, Inc. was incorporated in 1982 and is headquartered in Fort Lauderdale, Florida. Singing Machine operates under Consumer Electronics classification in the United States and is traded on NASDAQ Exchange. It employs 32 people. To find out more about The Singing Machine contact Gary Atkinson at 954 596 1000 or learn more at https://singingmachine.com.

Singing Machine Investment Alerts

Singing Machine is now traded under the symbol RIME. Please update your portfolios or report it if you believe this is an error. Report It!
Singing Machine is not yet fully synchronised with the market data
Singing Machine generated a negative expected return over the last 90 days
Singing Machine has high historical volatility and very poor performance
Singing Machine has some characteristics of a very speculative penny stock
Singing Machine has a very high chance of going through financial distress in the upcoming years
The company reported the previous year's revenue of 38.93 M. Net Loss for the year was (8.53 M) with profit before overhead, payroll, taxes, and interest of 9.21 M.
About 47.0% of the company outstanding shares are owned by corporate insiders

Singing Machine Upcoming and Recent Events

20th of February 2024
Upcoming Quarterly Report
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31st of December 2023
Next Fiscal Quarter End
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Singing Market Capitalization

The company currently falls under 'Nano-Cap' category with a current market capitalization of 7.39 M.

Singing Profitablity

The company has Profit Margin (PM) of (0.31) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.93) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.93.

Singing Machine Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Singing Machine insiders, such as employees or executives, is commonly permitted as long as it does not rely on Singing Machine's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Singing Machine insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Singing Machine Outstanding Bonds

Singing Machine issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Singing Machine uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Singing bonds can be classified according to their maturity, which is the date when The Singing Machine has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Singing Machine Predictive Daily Indicators

Singing Machine intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Singing Machine stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

About Singing Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Singing Machine prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Singing shares will generate the highest return on investment. We also built our delisted stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Delisted Stock such as Singing Machine. By using and applying Singing Stock analysis, traders can create a robust methodology for identifying Singing entry and exit points for their positions.
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, Europe, and Australia. The Singing Machine Company, Inc. was incorporated in 1982 and is headquartered in Fort Lauderdale, Florida. Singing Machine operates under Consumer Electronics classification in the United States and is traded on NASDAQ Exchange. It employs 32 people.

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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Singing Machine to your portfolios without increasing risk or reducing expected return.

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Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
You can also try the Stocks Directory module to find actively traded stocks across global markets.

Other Consideration for investing in Singing Stock

If you are still planning to invest in Singing Machine check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Singing Machine's history and understand the potential risks before investing.
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