Emerson Radio Ranks the Lowest in Terms of EV/EBITDA Ratio in the Consumer ...
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Below are the three companies in the Consumer Electronics industry with the lowest enterprise value to EBITDA (EV/EBITDA) ratios. EV/EBITDA is an important metric used in valuing comparable companies. It is capital structure neutral and generally the lower the ratio, the more undervalued the company is believed to be.
Emerson Radio (AMEX:MSN) is lowest with an EV/EBITDA ratio of 1.50. Emerson Radio Corp. designs, markets, and licenses televisions, other video products, microwave ovens, clocks, radios, and audio and home theater products. The Company also, through its partially-owned subsidiary, is a direct marketer of sports-related equipment and leisure products to the institutional market, including schools, military facilities, and athletic teams. Yesterday, Emerson Radio traded 12,000 shares vs. average volume of 11,000 shares per day. The stock outperformed the Dow (4.4% to the Dow's 0.3%) and outperformed the S&P 500 (4.4% to the S&P's 0.4%) during yesterday's trading.
Source: Financial News Network Online
Copper Pipe Thieves Strike Again: This Week's Police Blotter
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Copper Pipes Stolen From Atlantic Yards
Five copper pipes, totaling $4,170 in value, were stolen from Atlantic Yards. The crime was committed at some time between Wednesday and Friday last week. The week prior, a construction site at 130 Flushing Ave. in Fort Greene was targeted— again for its copper pipes .
Teen Saved by Bystander
On Monday, Oct. 3 at around 4 p.m., a 13-year-old boy was walking with a friend on Lafayette Avenue and Rockwell Place when he noticed five other boys following him. Two of the teens in the group ran up to the boy and started punching him, throwing the boy to the ground. The suspects then tried to take the victim’s cell phone, but a bystander intervened and walked the boy home safely. Two thirteen-year-old boys were arrested for the crime on Friday.
A Supermarket Robbery
Associated Supermarket, located at 492 Myrtle Ave between Hall Street and Grand Avenue, was robbed on Monday, Oct. 24 at around 5 p.m. The suspect grabbed several unidentified items and tried to flee, pushing an employee to the ground in the process. A 40-year-old male was arrested directly after the crime’s occurrence.
Source: Patch.com