UUU Stock Summary and Trading Ideas (Universal Security Instruments | AMEX:UUU)

Universal Security Instruments Inc is a U.S based manufacturer and distributor of safety and security devices in the Peoples Republic of China . 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.

Universal Security Instruments trades on the AMEX stock market under the symbol UUU.

As of May 8, 2024, UUU stock price climbed to $1.52 with 9,178 million shares trading.

UUU has a beta of -0.38, meaning it tends to be less sensitive to market movements. UUU has a correlation of 0.00 to the broad based SPY ETF.

UUU has a market cap of $3.52 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, UUU stock traded as high as $9.55 and as low as $1.27.

The top ETF exchange traded funds that UUU belongs to (by Net Assets): VXF.

UUU has underperformed the market in the last year with a price return of -24.4% while the SPY ETF gained +27.0%. However, in the short term, UUU had mixed performance relative to the market. It has outperformed in the last 3 months, returning +10.2% vs +4.2% return in SPY. But in the last 2 weeks, UUU shares have been beat by the market, returning -6.7% compared to an SPY return of +2.3%.

UUU support price is $1.45 and resistance is $1.57 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that UUU stock will trade within this expected range on the day.