The trading price of Universal Security Instruments, Inc. (NYSE:UUU) closed lower on Monday, Feb 22, closing at $9.24, -0.32% lower than its previous close.
Traders who pay close attention to intraday price movement should know that it fluctuated between $8.80 and $9.88. The company’s P/E ratio in the trailing 12-month period was 0, while its 5Y monthly beta was 1.9. In examining the 52-week price action we see that the stock hit a 52-week high of $19.88 and a 52-week low of $0.3. Over the past month, the stock has gained 63.3% in value.
On the technical side, indicators suggest UUU has a 100% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Buy, while an average of long term indicators suggests that the stock is currently 100% Buy.
To see how Universal Security Instruments, Inc. stock has been performing in comparison to its peers in the industry, here are the numbers: UUU stock’s performance was -0.32% in the latest trading, and +1295.24% in the past year, while Johnson Controls Intl (JCI) has traded +0.54% on the day and positioned +32.67% higher than it was a year ago. Another comparable company Fortune Brands Home & Security (FBHS) saw its stock close -0.7% lower in the most recent trading session but was up +22.4% in a year. Furthermore, Nortonlifelock Inc (NLOK) showed a decline of -0.32% on the day while its price kept rising at 1295.24% over the past year. Universal Security Instruments, Inc. has a P/E ratio of 0, compared to Johnson Controls Intl’s 51.91 and Fortune Brands Home & Security’s 22.08. Also in last trading session, the S&P 500 Index has soared -0.77%, while the Dow Jones Industrial also saw a positive session, up +0.09% on the day.
An evaluation of the daily trading volume of Universal Security Instruments, Inc. (NYSE:UUU) indicates that the 3-month average is 1.12 Million. However, this figure has increased over the past 10 days to an average of 518.48 Million.
Currently, records show that 2.31 Million of the company’s shares remain outstanding. According to Thomson Reuters data, insiders hold 30.6% of outstanding shares, whereas institutions hold 16.9%. The stats also highlight that short interest as of January 28, 2021, stood at 138.21 Million shares, resulting in a short ratio of 0.06 at that time. From this, we can conclude that short interest is 5.98% of the company’s total outstanding shares. It is noteworthy that short shares in January were down slightly from the previous month’s figure, which was 544.62 Million. However, since the stock’s price has seen +83.83% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.