Should You Buy Universal Security Instruments, Inc. (UUU) Stock After it Is Higher By 7.83% in a Week?

Overall market sentiment has been high on Universal Security Instruments, Inc. (UUU) stock lately. UUU receives a Bullish rating from InvestorsObserver Stock 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!

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What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. 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 is trading at $1.79 as of 10:20 AM on Monday, Jan 8, a rise of $0.03, or 1.98% from the previous closing price of $1.76. The stock has traded between $1.77 and $1.85 so far today. Volume today is below average. So far 7,298 shares have traded compared to average volume of 118,067 shares. To screen for more stocks like 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.