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

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

Universal Security Instruments Trading Down 4.9 %

NYSEAMERICAN:UUU opened at $1.16 on Wednesday. Universal Security Instruments has a one year low of $1.11 and a one year high of $5.20.

Universal Security Instruments (NYSEAMERICAN:UUU) last released its quarterly earnings data on Monday, August 19th. The company reported ($0.19) EPS for the quarter. The company had revenue of $4.60 million during the quarter. Universal Security Instruments had a negative net margin of 5.63% and a negative return on equity of 19.80%.

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.