StockNews.com Initiates Coverage on Universal Security Instruments (NYSE:UUU)

StockNews.com started coverage on shares of Universal Security Instruments (NYSE:UUU) in a report issued on Wednesday. The brokerage issued a hold rating on the stock.

Universal Security Instruments Trading Down 1.7 %

UUU opened at $2.32 on Wednesday. The firm’s fifty day moving average is $2.22. Universal Security Instruments has a 52-week low of $1.11 and a 52-week high of $2.47. The stock has a market capitalization of $5.36 million, a P/E ratio of -21.09 and a beta of 0.73.

About Universal Security Instruments

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.