Singing Machine (NASDAQ:MICS) Cut to D+ at TheStreet

Singing Machine (NASDAQ:MICSGet Rating) was downgraded by stock analysts at TheStreet from a “c-” rating to a “d+” rating in a note issued to investors on Wednesday, TheStreetRatingsTable reports.

Shares of NASDAQ MICS opened at $3.48 on Wednesday. Singing Machine has a fifty-two week low of $2.39 and a fifty-two week high of $3.85.

About Singing Machine (Get Rating)

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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