Universal Security Instruments (NYSE:UUU) Coverage Initiated at StockNews.com

Analysts at StockNews.com assumed coverage on shares of Universal Security Instruments (NYSE:UUU) in a research report issued to clients and investors on Saturday. The brokerage set a “hold” rating on the stock.

Universal Security Instruments Stock Performance

Shares of Universal Security Instruments stock opened at $2.27 on Friday. The stock has a fifty day moving average price of $2.28. The company has a market cap of $5.24 million, a price-to-earnings ratio of -20.64 and a beta of 0.73. Universal Security Instruments has a 12-month low of $1.11 and a 12-month high of $2.47.

About Universal Security Instruments

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.