StockNews.com Initiates Coverage on Universal Security Instruments (NYSEAMERICAN:UUU)

StockNews.com initiated coverage on shares of Universal Security Instruments (NYSEAMERICAN:UUUFree Report) in a report published on Tuesday. The brokerage issued a hold rating on the stock.

Universal Security Instruments Stock Up 5.0 %

Shares of UUU opened at $1.59 on Tuesday. Universal Security Instruments has a twelve month low of $1.27 and a twelve month high of $5.20.

Universal Security Instruments (NYSEAMERICAN:UUUGet Free Report) last posted its quarterly earnings results on Tuesday, February 20th. The company reported $0.04 earnings per share (EPS) for the quarter. The firm had revenue of $4.66 million during the quarter. Universal Security Instruments had a net margin of 1.74% and a return on equity of 6.76%.

Universal Security Instruments Company Profile

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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.

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