Focus Universal (NASDAQ:FCUV) Issues Earnings Results

Focus Universal (NASDAQ:FCUV) posted its quarterly earnings data on Friday. The company reported ($2.69) EPS for the quarter, FiscalAI reports. Focus Universal had a negative net margin of 4,243.03% and a negative return on equity of 357.95%.

Focus Universal Stock Performance

FCUV traded up $0.07 on Friday, hitting $5.61. 36,979 shares of the company were exchanged, compared to its average volume of 1,615,468. The firm has a fifty day simple moving average of $4.01 and a two-hundred day simple moving average of $10.48. Focus Universal has a 12 month low of $1.79 and a 12 month high of $210.00. The stock has a market capitalization of $3.92 million, a PE ratio of -0.28 and a beta of -0.65.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on FCUV shares. Weiss Ratings reissued a “sell (e+)” rating on shares of Focus Universal in a report on Wednesday, June 24th. Wall Street Zen lowered Focus Universal to a “strong sell” rating in a research note on Saturday, July 4th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has an average rating of “Sell”.

Focus Universal Company Profile

Focus Universal Inc develops and manufactures smart instrumentation platform and device. It offers Ubiquitor, a wireless sensor device with a universal sensor node and gateway system that uses a computer or mobile device as the output display module that displays the readings of various sensor nodes. The company's universal smart instrumentation platform (USIP) utilizes mobile devices or computers to communicate with smart devices, such as sensors, instruments, probes, and controllers to monitor and control any functions.