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

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

Universal Security Instruments Stock Performance

Universal Security Instruments stock opened at $2.26 on Monday. The stock has a market cap of $5.22 million, a PE ratio of -20.55 and a beta of 0.73. The firm has a 50-day moving average of $1.98. Universal Security Instruments has a 1 year low of $1.11 and a 1 year 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.