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

Stock analysts at StockNews.com started coverage on shares of Universal Security Instruments (NYSE:UUU) in a note issued to investors on Wednesday. The firm set a “hold” rating on the stock.

Universal Security Instruments Trading Up 0.9 %

Shares of UUU opened at $2.36 on Wednesday. The business’s 50 day simple moving average is $2.22. The stock has a market capitalization of $5.45 million, a price-to-earnings ratio of -21.45 and a beta of 0.73. Universal Security Instruments has a 12-month low of $1.11 and a 12-month 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.