Focus Universal, Inc. (NASDAQ:FCUV) Short Interest Update

Focus Universal, Inc. (NASDAQ:FCUV – Get Free Report) was the target of a large drop in short interest during the month of July. As of July 15th, there was short interest totaling 26,855 shares, a drop of 76.2% from the June 30th total of 112,681 shares. Based on an average trading volume of 65,745 shares, the days-to-cover ratio is presently 0.4 days. Approximately 4.9% of the company’s shares are sold short.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on FCUV shares. Wall Street Zen downgraded shares of Focus Universal to a “strong sell” rating in a research note on Saturday, July 4th. Weiss Ratings reissued a “sell (e+)” rating on shares of Focus Universal in a research report on Wednesday, June 24th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has an average rating of “Sell”.

Get Focus Universal alerts:

Check Out Our Latest Stock Report on FCUV

Focus Universal Trading Down 0.9%

Shares of NASDAQ:FCUV traded down $0.02 during trading on Friday, hitting $2.29. 10,461 shares of the company’s stock traded hands, compared to its average volume of 79,130. The company has a 50-day moving average price of $3.13 and a 200-day moving average price of $13.07. Focus Universal has a 52 week low of $1.84 and a 52 week high of $210.00. The company has a market cap of $1.60 million, a price-to-earnings ratio of -0.11 and a beta of -0.45.

Focus Universal (NASDAQ:FCUV – Get Free Report) last posted its earnings results on Thursday, May 14th. The company reported ($1.48) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($5.33) by $3.85. The business had revenue of $0.05 million during the quarter, compared to analysts’ expectations of $0.40 million. Focus Universal had a negative return on equity of 357.95% and a negative net margin of 4,243.03%.

About Focus Universal

(Get Free Report)

Focus Universal Inc develops and manufactures smart instrumentation platform and device. It offers Ubiquitor, a wireless sensor device with a universal sensor node and gateway system that uses a computer or mobile device as the output display module that displays the readings of various sensor nodes. The company's universal smart instrumentation platform (USIP) utilizes mobile devices or computers to communicate with smart devices, such as sensors, instruments, probes, and controllers to monitor and control any functions.

Further Reading

• Five stocks we like better than Focus Universal
• RTX and Lockheed Earnings: Can Strong Guidance Reset the Defense Trade?
• These 4 Earnings Reports Expose the Market’s Growing Economic Divide
• Broadcom May Be the Biggest Winner From Alphabet’s Earnings
• Volatility Is Back and These 3 Market Tollbooths Are Best Positioned to Profit

Receive News & Ratings for Focus Universal Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Focus Universal and related companies with MarketBeat.com's FREE daily email newsletter.