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

Analysts at StockNews.com initiated coverage on shares of Universal Security Instruments (NYSE:UUU) in a report released on Saturday. The brokerage set a “hold” rating on the stock.

Universal Security Instruments Price Performance

Shares of UUU stock opened at $2.21 on Friday. The stock has a market capitalization of $5.11 million, a price-to-earnings ratio of -20.09 and a beta of 0.73. The business has a fifty day simple moving average of $1.79. Universal Security Instruments has a 52 week low of $1.11 and a 52 week high of $2.35.

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.