Universal Security Instruments (NYSE:UUU) Coverage Initiated at StockNews.com

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

Universal Security Instruments Stock Up 0.7 %

UUU stock opened at $2.13 on Tuesday. Universal Security Instruments has a twelve month low of $1.11 and a twelve month high of $5.20.

Universal Security Instruments (NYSE:UUUGet Free Report) last released its earnings results on Monday, August 19th. The company reported ($0.19) earnings per share for the quarter. Universal Security Instruments had a negative net margin of 5.63% and a negative return on equity of 19.80%. The company had revenue of $4.60 million during the quarter.

Universal Security Instruments Company Profile

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Universal Security Instruments, Inc, together with its subsidiary, engages in the marketing and distribution of safety and security products in the United States. The company offers a line of safety alarms units, including 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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