Universal Security Instruments, Inc. (NYSE:UUU) shares, rose in value on Wednesday, Apr 07, with the stock price up by 3.54% to the previous day’s close as strong demand from buyers drove the stock to $7.32.
Actively observing the price movement in the last trading, the stock closed the session at $7.07, falling within a range of $6.97 and $7.48. The value of beta (5-year monthly) was 1.97 whereas the PE ratio was 0 over 12-month period. Referring to stock’s 52-week performance, its high was $19.88, and the low was $0.36. On the whole, UUU has fluctuated by 22.2% over the past month.
We see that UUU’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium term indicators have put the stock in the category of 50% Buy while long term indicators on average have been pointing out that it is a 100% Buy.
A comparison of Universal Security Instruments, Inc. (UUU) with its peers suggests the former has fared considerably better in the market. UUU showed an intraday change of +3.54% in last session, and over the past year, it grew by +1873.05%. In comparison, Johnson Controls Intl (JCI) has moved lower at -1.34% on the day and was up +119.45% over the past 12 months. On the other hand, the price of Nortonlifelock Inc (NLOK) has fallen -0.91% on the day. The stock, however, is off 14.65% from where it was a year ago. Additionally, there is a gain of 354% for Allegion Plc (ALLE) in last trading while the stock has seen an overall apprecation of 1873.05% over the past year. The PE ratio stands at 0 for Universal Security Instruments, Inc., compared to 55.44 for Johnson Controls Intl, and 20.87 for Nortonlifelock Inc. Other than that, the overall performance of the S&P 500 during the last trading session shows that it gained 0.15%. Meanwhile, the Dow Jones Industrial improved by 0.05%.
Data on historical trading for Universal Security Instruments, Inc. (NYSE:UUU) indicates that the trading volumes over the past 10 days have averaged 616.52 Million and over the past 3 months, they’ve averaged 636.18 Million. According to company’s latest data on outstanding shares, there are 2.31 Million shares outstanding.
Nearly 10.84% of Universal Security Instruments, Inc.’s shares belong to company insiders and institutional investors own 19.77% of the company’s shares, according to Thomson Reuters’ data. The data on short interest also indicates that stock shorts accounted for 182.41 Million shares as on March 14, 2021, resulting in a short ratio of 0.44. According to the data, the short interest in Universal Security Instruments, Inc. (UUU) stood at 7.89% of shares outstanding as of March 14, 2021; the number of short shares registered in February reached 69.77 Million. The stock has risen by +46.11% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the UUU stock heading into the next quarter.