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

StockNews.com assumed coverage on shares of Universal Security Instruments (NYSE:UUU) in a research note published on Wednesday. The brokerage issued a hold rating on the stock.

Universal Security Instruments Price Performance

UUU stock opened at $2.36 on Wednesday. The business’s fifty day moving average price is $2.20. Universal Security Instruments has a fifty-two week low of $1.11 and a fifty-two week high of $2.47. The company has a market cap of $5.45 million, a P/E ratio of -21.45 and a beta of 0.73.

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.