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

Equities research analysts at StockNews.com assumed coverage on shares of Universal Security Instruments (NYSEAMERICAN:UUU) in a note issued to investors on Friday. The firm set a “hold” rating on the stock.

Universal Security Instruments Stock Performance

UUU opened at $1.14 on Friday. Universal Security Instruments has a 52 week low of $1.11 and a 52 week high of $5.20.

Universal Security Instruments (NYSEAMERICAN:UUU) last posted its quarterly earnings data on Monday, August 19th. The company reported ($0.19) earnings per share (EPS) for the quarter. The firm 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%.

Universal Security Instruments Company Profile

Universal Security Instruments, Inc, together with its subsidiary, engages in the design, marketing, and distribution of safety and security products for use in homes and businesses in the United States and internationally. It offers a line of safety alarms, including units powered by 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.