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 report issued on Tuesday. The firm set a “hold” rating on the stock.

Universal Security Instruments Trading Down 1.8 %

Universal Security Instruments stock opened at $1.17 on Tuesday. Universal Security Instruments has a 12-month low of $1.11 and a 12-month high of $5.20.

Universal Security Instruments (NYSEAMERICAN:UUU) last posted its earnings results on Monday, August 19th. The company reported ($0.19) earnings per share (EPS) for the quarter. Universal Security Instruments had a negative return on equity of 19.80% and a negative net margin of 5.63%. The business had revenue of $4.60 million for the quarter.

About Universal Security Instruments

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.