It's Time For a Quick Look at The Singing Machine Company's Fundamentals.

By Tamara Parker • Tuesday, May 16 12:19 • Permanent Link

We're taking a closer look at The Singing Machine Company today, as the chatter surrounding the stock has increased notably in the last few weeks. Today, its shares moved 58.1% compared to -0.0% for the S&P 500. Increased investor interest and volatility surrounding the stock are not reason enough to buy in -- you should first perform your own due diligence. Here are some figures that can get you started:

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 has moved -85.4% over the last year compared to 1.2% for the S&P 500 -- a difference of -87.0%
Its trailing 12 month earnings per share (EPS) is $-1.74
The Singing Machine Company has a trailing 12 month Price to Earnings (P/E) ratio of -1.0 while the S&P 500 average is 15.97
The company has a Price to Book (P/B) ratio of 0.4 in contrast to the S&P 500's average ratio of 2.95
The Singing Machine Company is part of the Consumer Staples sector, which has an average P/E ratio of 24.36 and an average P/B of 4.29
The Singing Machine Company has on average reported free cash flows of $-744142.7 over the last four years, during which time they have grown by an an average of -208.1%

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.