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

Stock analysts at StockNews.com began coverage on shares of Universal Security Instruments (NYSE:UUU) in a research report issued to clients and investors on Sunday. The firm set a “hold” rating on the stock.

Universal Security Instruments Trading Up 7.6 %

Shares of UUU opened at $1.42 on Friday. Universal Security Instruments has a one year low of $1.11 and a one year high of $5.20. The firm has a market capitalization of $3.28 million, a P/E ratio of -7.89 and a beta of 0.85.

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

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.