Overall market sentiment has been down on Universal Security Instruments, Inc. (UUU) stock lately. UUU receives a Bearish rating from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With UUU Stock Today?
Universal Security Instruments, Inc. (UUU) stock has risen 31.35% while the S&P 500 has fallen -0.8% as of 11:09 AM on Wednesday, Aug 12. UUU has gained $0.58 from the previous closing price of $1.85 on volume of 1,486,453 shares. Over the past year the S&P 500 is up 15.63% while UUU has gained 94.40%. UUU lost -$1.12 per share in the over the last 12 months.
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.
