Universal Security Instruments (NYSEAMERICAN:UUU) Receives New Coverage from Analysts at StockNews.com

StockNews.com initiated coverage on shares of Universal Security Instruments (NYSEAMERICAN:UUU) in a report released on Monday morning. The brokerage issued a hold rating on the stock.

Universal Security Instruments Trading Down 2.9 %

NYSEAMERICAN UUU opened at $1.59 on Monday. Universal Security Instruments has a 52 week low of $1.27 and a 52 week high of $5.20.

Universal Security Instruments (NYSEAMERICAN:UUU) last released its quarterly earnings data on Tuesday, February 20th. The company reported $0.04 EPS for the quarter. Universal Security Instruments had a net margin of 1.74% and a return on equity of 6.76%. The business had revenue of $4.66 million for the quarter.

Institutional Investors Weigh In On Universal Security Instruments

An institutional investor recently raised its position in Universal Security Instruments stock. Vanguard Group Inc. grew its stake in shares of Universal Security Instruments, Inc. (NYSEAMERICAN:UUU) by 9.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 45,910 shares of the company’s stock after buying an additional 3,900 shares during the period. Vanguard Group Inc. owned 1.99% of Universal Security Instruments worth $195,000 at the end of the most recent reporting period.

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.