Focus Universal (NASDAQ:FCUV) Stock Rating Upgraded by Wall Street Zen

Focus Universal (NASDAQ:FCUV) was upgraded by stock analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a note issued to investors on Sunday, Wall Street Zen reports.

Separately, Weiss Ratings downgraded Focus Universal from a “sell (d-)” rating to a “sell (e+)” rating in a report on Friday, September 18th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Focus Universal currently has a consensus rating of “Sell”.

Focus Universal Price Performance

Shares of FCUV stock opened at $4.32 on Friday. Focus Universal has a 12-month low of $1.79 and a 12-month high of $210.00. The firm has a market capitalization of $3.02 million, a price-to-earnings ratio of -0.29 and a beta of -0.25. The company has a quick ratio of 2.34, a current ratio of 2.44 and a debt-to-equity ratio of 1.33. The firm has a fifty day moving average of $7.44 and a 200-day moving average of $6.65.

Focus Universal (NASDAQ:FCUV) last issued its quarterly earnings data on Friday, August 14th. The company reported ($2.69) EPS for the quarter, missing the consensus estimate of ($1.33) by ($1.36). The business had revenue of $0.68 million for the quarter, compared to analyst estimates of $0.40 million. Focus Universal had a negative return on equity of 151.07% and a negative net margin of 637.15%.

Institutional Investors Weigh In On Focus Universal

An institutional investor recently bought a new position in Focus Universal stock. Citadel Advisors LLC acquired a new stake in Focus Universal, Inc. (NASDAQ:FCUV) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund acquired 11,539 shares of the company’s stock, valued at approximately $44,000. Citadel Advisors LLC owned approximately 1.65% of Focus Universal at the end of the most recent quarter. Hedge funds and other institutional investors own 4.42% of the company’s stock.

About Focus Universal

Focus Universal Inc (NASDAQ: FCUV) is a technology company focused on developing hardware and software solutions for the Internet of Things (IoT), wireless connectivity, and data monitoring. The company’s offerings are designed to connect sensors and devices, collect information, and support the remote monitoring and management of physical environments.

Its technology portfolio includes the Ubiquitor universal wireless sensor platform, which is intended to support multiple types of sensors and applications through a flexible wireless communications infrastructure.