Universal Security Instruments (NYSE:UUU) Earns Hold Rating from Analysts at StockNews.com

StockNews.com assumed coverage on shares of Universal Security Instruments (NYSE:UUU) in a research report sent to investors on Monday morning. The firm issued a hold rating on the stock.

Universal Security Instruments Price Performance

Shares of UUU opened at $2.02 on Monday. Universal Security Instruments has a fifty-two week low of $1.11 and a fifty-two week high of $2.47. The stock has a fifty day simple moving average of $2.26. The company has a market capitalization of $4.67 million, a PE ratio of -3.61 and a beta of 0.74.

Institutional Investors Weigh In On Universal Security Instruments

An institutional investor recently bought a new position in Universal Security Instruments stock. Raymond James Financial Inc. bought a new stake in shares of Universal Security Instruments, Inc. (NYSE:UUU) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 73,513 shares of the company’s stock, valued at approximately $174,000. Raymond James Financial Inc. owned about 3.18% of Universal Security Instruments as of its most recent filing with the Securities and Exchange Commission.

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.