StockNews.com initiated coverage on shares of Universal Security Instruments (NYSE:UUU – Free Report) in a research note published on Tuesday morning. The brokerage issued a hold rating on the stock.
Universal Security Instruments Trading Down 0.1 %
Shares of Universal Security Instruments stock opened at $1.99 on Tuesday. The stock has a market capitalization of $4.59 million, a PE ratio of -3.54 and a beta of 0.74. The business’s fifty day simple moving average is $2.23. Universal Security Instruments has a 1 year low of $1.11 and a 1 year high of $2.47.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in Universal Security Instruments stock. Raymond James Financial Inc. acquired a new position in shares of Universal Security Instruments, Inc. (NYSE:UUU – Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 73,513 shares of the company’s stock, valued at approximately $174,000. Raymond James Financial Inc. owned 3.18% of Universal Security Instruments as of its most recent filing with the Securities & Exchange Commission.
Universal Security Instruments Company Profile
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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