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

StockNews.com began coverage on shares of Universal Security Instruments (NYSEAMERICAN:UUU) in a research report sent to investors on Monday morning. The firm issued a hold rating on the stock.

Universal Security Instruments Price Performance

Shares of UUU stock opened at $1.66 on Monday. Universal Security Instruments has a fifty-two week low of $1.27 and a fifty-two 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 for the quarter. Universal Security Instruments had a return on equity of 6.76% and a net margin of 1.74%. The company had revenue of $4.66 million for the quarter.

Hedge Funds Weigh In On Universal Security Instruments

A hedge fund recently bought a new stake in Universal Security Instruments stock. Geneos Wealth Management Inc. acquired a new stake in Universal Security Instruments, Inc. (NYSEAMERICAN:UUU) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 32,800 shares of the company’s stock, valued at approximately $139,000. Geneos Wealth Management Inc. owned 1.42% of Universal Security Instruments as of its most recent filing with the Securities and Exchange Commission.

About Universal Security Instruments

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.