Singing Machine Analysis

Singing OTC Stock Analysis Notes

About 37.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.66. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Singing Machine had not issued any dividends in recent years. The entity had 3:2 split on the 18th of March 2002. 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, Asia, and Australia. The Singing Machine Company, Inc. was founded in 1982 and is headquartered in Fort Lauderdale, Florida. SINGING MACHINE operates under Consumer Electronics classification in the United States and is traded on PNK Exchange. It employs 33 people.The quote for Singing Machine is listed on Over The Counter exchange (i.e., OTC), and the entity is not required to meet listing requirements such as those found on the Nasdaq, NYSE, or AMEX exchanges. To find out more about Singing Machine contact Gary Atkinson at 954 596 1000 or learn more at https://www.singingmachine.com.

Singing Machine Investment Alerts

Singing Market Capitalization

The company currently falls under 'Nano-Cap' category with a current market capitalization of 6.82 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Singing Machine's market, we take the total number of its shares issued and multiply it by Singing Machine's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Singing Profitablity

The company has Profit Margin (PM) of 1.67 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.46 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.46.

Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the Singing Machine information on this page should be used as a complementary analysis to other Singing Machine's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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.