Singing Machine Co., Inc. (MICS) Gain 26.99%, Marking Win By Bears

Best AI Stocks

Singing Machine Co., Inc. (NASDAQ:MICS) has a beta value of 0.16 and has seen 1.18 million shares traded in the last trading session. The company, currently valued at $7.31M, closed the last trade at $0.75 per share which meant it gained $0.16 on the day or 26.99% during that session. The MICS stock price is -162.67% off its 52-week high price of $1.97 and 53.33% above the 52-week low of $0.35. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.27 million shares traded. The 3-month trading volume is 606.76K shares.

Singing Machine Co., Inc. (NASDAQ:MICS) trade information

Sporting 26.99% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the MICS stock price touched $0.75 or saw a rise of 17.49%. Year-to-date, Singing Machine Co., Inc. shares have moved -25.69%, while the 5-day performance has seen it change 59.14%. Over the past 30 days, the shares of Singing Machine Co., Inc. (NASDAQ:MICS) have changed 39.32%. Short interest in the company has seen 36253.0 shares shorted with days to cover at 0.14.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Singing Machine Co., Inc. (MICS) estimates and forecasts

The company’s shares have lost -23.42% over the past 6 months.

MICS Dividends

Singing Machine Co., Inc. is expected to release its next earnings report on 2024-Apr-16 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Singing Machine Co., Inc. (NASDAQ:MICS)’s Major holders

Insiders own 46.83% of the company shares, while shares held by institutions stand at 4.44% with a share float percentage of 8.35%. Investors are also buoyed by the number of investors in a company, with Singing Machine Co., Inc. having a total of 13.0 institutions that hold shares in the company. The top two institutional holders are CABLE CAR CAPITAL LLC with over 0.16 million shares worth more than $0.18 million. As of 2024-06-30, CABLE CAR CAPITAL LLC held 2.4151% of shares outstanding.

The other major institutional holder is PERRITT CAPITAL MANAGEMENT INC, with the holding of over 42358.0 shares as of 2024-06-30. The firm’s total holdings are worth over $49135.0 and represent 0.66% of shares outstanding.