StockNews.com Begins Coverage on Universal Security Instruments (NYSE:UUU)

Research analysts at StockNews.com initiated coverage on shares of Universal Security Instruments (NYSE:UUU) in a note issued to investors on Tuesday. The brokerage set a “hold” rating on the stock.

Universal Security Instruments Stock Performance

Universal Security Instruments stock opened at $2.09 on Tuesday. The firm has a market cap of $4.83 million, a price-to-earnings ratio of -4.75 and a beta of 0.74. Universal Security Instruments has a one year low of $1.11 and a one year high of $5.20.

Universal Security Instruments (NYSE:UUU) last released its quarterly earnings results on Monday, August 19th. The company reported ($0.19) earnings per share (EPS) for the quarter. Universal Security Instruments had a negative net margin of 5.63% and a negative return on equity of 19.80%. The firm had revenue of $4.60 million for the quarter.

Universal Security Instruments Company Profile

Universal Security Instruments, Inc, together with its subsidiary, engages in the marketing and distribution of safety and security products in the United States. The company offers a line of safety alarms units, including replaceable batteries, sealed batteries, and battery backup alarms; and smoke alarms, which include hearing impaired and heat alarms, as well as carbon monoxide alarms, door chimes, ventilation products, ground fault circuit interrupters, and other electrical devices under the UNIVERSAL and USI Electric trade names.