Universal Security Instruments, Inc. (UUU) Stock: What Does the Chart Say Monday?

Monday, June 05, 2023 12:18 PM | InvestorsObserver Analysts

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Universal Security Instruments, Inc. (UUU) stock is up 19.80% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Universal Security Instruments, Inc. has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on UUU!
See Full UUU Report

What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With UUU Stock Today?

Universal Security Instruments, Inc. (UUU) stock has fallen -19.59% while the S&P 500 has gained 0.35% as of 12:09 PM on Monday, Jun 5. UUU is down -$0.58 from the previous closing price of $2.94 on volume of 306,572 shares. Over the past year the S&P 500 is up 4.27% while UUU is down -35.16%. UUU earned $0.09 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 27.3. To see InvestorsObserver's Sentiment Score for Universal Security Instruments, Inc. click here.

More About Universal Security Instruments, Inc.

Universal Security Instruments Inc is a U.S based manufacturer and distributor of safety and security devices. The company markets a line of residential smoke and carbon monoxide alarms under the trade names UNIVERSAL and USI Electric. It also markets products to the electrical distribution trade such as electrical and lighting distributors as well as manufactured housing companies. Its product portfolio consists of smoke and fire alarms, carbon monoxide alarms, multi-gas alarms, universal smoke sensing technology, and plug-in alarms. Click Here to get the full Stock Report for Universal Security Instruments, Inc. stock.

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