Shares of The Singing Machine Company, Inc. (OTCMKTS:SMDM – Get Rating) crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $0.19 and traded as low as $0.19. Singing Machine shares last traded at $0.19, with a volume of 426,400 shares changing hands.

Singing Machine Trading Down 6.8 %

The stock has a fifty day simple moving average of $0.19 and a two-hundred day simple moving average of $0.63.

About Singing Machine

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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. It offers karaoke products under the flagship brand Singing Machine; licensed karaoke microphone products under the Carpool Karaoke brand; microphone 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 Singing Machine hardware.

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