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

Investment analysts at StockNews.com began coverage on shares of Universal Security Instruments (NYSE:UUUGet Free Report) in a note issued to investors on Wednesday. The brokerage set a “hold” rating on the stock.

Universal Security Instruments Price Performance

Shares of NYSE UUU opened at $2.11 on Wednesday. Universal Security Instruments has a 1 year low of $1.11 and a 1 year high of $4.10.

Universal Security Instruments (NYSE:UUUGet Free Report) last released its quarterly earnings data on Monday, August 19th. The company reported ($0.19) earnings per share for the quarter. The firm had revenue of $4.60 million for 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

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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.

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