Equities researchers at StockNews.com assumed coverage on shares of Universal Security Instruments (NYSEAMERICAN:UUU – Get Free Report) in a research note issued on Thursday. The firm set a “buy” rating on the stock.
Separately, TheStreet upgraded Universal Security Instruments from a “d” rating to a “c” rating in a research note on Friday, July 21st.
Check Out Our Latest Research Report on UUU
Universal Security Instruments Stock Up 1.1 %
Universal Security Instruments (NYSEAMERICAN:UUU – Get Free Report) last posted its quarterly earnings data on Friday, July 14th. The company reported $0.12 earnings per share for the quarter. Universal Security Instruments had a negative return on equity of 2.26% and a negative net margin of 0.53%. The firm had revenue of $5.93 million during the quarter.
Institutional Investors Weigh In On Universal Security Instruments
An institutional investor recently bought a new position in Universal Security Instruments stock. Geneos Wealth Management Inc. bought a new stake in shares of Universal Security Instruments, Inc. (NYSEAMERICAN:UUU – Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 32,800 shares of the company’s stock, valued at approximately $139,000. Geneos Wealth Management Inc. owned 1.42% of Universal Security Instruments at the end of the most recent reporting period. 15.35% of the stock is currently owned by institutional investors and hedge funds.
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.
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