Singing Machine (MICS) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $0.22 to $0.23
• 50-Day Range: $0.23 to $0.76
• 52-Week Range: $0.35 to $1.97
• Volume: 279,051 shs
• Average Volume: 255,673 shs
• Market Capitalization: $950,344.00
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

MICS Stock Analysis - Frequently Asked Questions

How have MICS shares performed this year?

Singing Machine's stock was trading at $1.01 at the start of the year. Since then, MICS shares have decreased by 77.7% and is now trading at $0.2252.
View the best growth stocks for 2024 here.

How were Singing Machine's earnings last quarter?

The Singing Machine Company, Inc. (NASDAQ:MICS) issued its quarterly earnings data on Monday, August, 19th. The company reported ($0.95) earnings per share (EPS) for the quarter. The business had revenue of $2.44 million for the quarter.

When did Singing Machine IPO?

Singing Machine (MICS) raised $4 million in an initial public offering on Tuesday, May 24th 2022. The company issued 1,000,000 shares at a price of $4.00 per share. Aegis Capital Corp. served as the underwriter for the IPO.

How do I buy shares of Singing Machine?

Shares of MICS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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What other stocks do shareholders of Singing Machine own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Singing Machine investors own include Opera (OPRA), Alimera Sciences (ALIM), AirNet Technology (ANTE), Angion Biomedica (ANGN), Alpine Summit Energy Partners (ALPS), Aceragen (ACGN) and Aptorum Group (APM).

Company Calendar

• Last Earnings: 8/19/2024
• Today: 11/17/2024
• Next Earnings (Estimated): 11/18/2024
• Fiscal Year End: 3/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Discretionary
• Industry: Prerecorded records & tapes
• Sub-Industry: Recreation
• Current Symbol: NASDAQ:MICS
• CUSIP: N/A
• CIK: 923601
• Web: www.singingmachine.com
• Phone: (954) 596-1000
• Fax: 954-596-2000
• Employees: 30
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-2,370,000.00
• Net Margins: N/A
• Pretax Margin: -40.33%
• Return on Equity: -155.23%
• Return on Assets: -36.24%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.30
• Quick Ratio: 0.54

Sales & Book Value

• Annual Sales: $29.05 million
• Price / Sales: 0.03
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $1.24 per share
• Price / Book: 0.18

Miscellaneous

• Outstanding Shares: 4,220,000
• Free Float: 2,216,000
• Market Cap: $950,344.00
• Optionable: Not Optionable
• Beta: 0.19