Universal Security Instruments (NYSEAMERICAN:UUU) Earns Hold Rating from Analysts at StockNews.com

StockNews.com started coverage on shares of Universal Security Instruments (NYSEAMERICAN:UUU) in a report published on Monday. The firm issued a hold rating on the stock.

Universal Security Instruments Trading Down 2.9 %

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

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Universal Security Instruments stock. Vanguard Group Inc. boosted its holdings in Universal Security Instruments, Inc. (NYSEAMERICAN:UUU) by 9.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). 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 approximately 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.