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

Equities researchers at StockNews.com started coverage on shares of Universal Security Instruments (NYSEAMERICAN:UUU) in a research note issued on Sunday. The firm set a “buy” rating on the stock.

Separately, TheStreet upgraded Universal Security Instruments from a “d+” rating to a “c-” rating in a report on Monday, September 25th.

Universal Security Instruments Trading Up 5.5 %

Shares of NYSEAMERICAN UUU opened at $3.84 on Friday. The business’s 50-day moving average is $2.52. Universal Security Instruments has a 1-year low of $1.50 and a 1-year high of $5.20.

Universal Security Instruments (NYSEAMERICAN:UUU) last released its quarterly earnings data on Friday, August 18th. The company reported $0.07 EPS for the quarter. Universal Security Instruments had a return on equity of 19.18% and a net margin of 4.09%. The business had revenue of $6.70 million for the quarter.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Universal Security Instruments stock. Vanguard Group Inc. increased its position in shares of Universal Security Instruments, Inc. (NYSEAMERICAN:UUU) by 9.3% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 45,910 shares of the company’s stock after buying an additional 3,900 shares during the quarter. Vanguard Group Inc. owned about 1.99% of Universal Security Instruments worth $195,000 as of its most recent SEC filing.

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.