Focus Universal (NASDAQ:FCUV) Upgraded to Hold at Wall Street Zen

Wall Street Zen upgraded shares of Focus Universal (NASDAQ:FCUV – Free Report) from a sell rating to a hold rating in a research note published on Sunday,Wall Street Zen reports.

Separately, Weiss Ratings lowered shares of Focus Universal from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Friday, September 18th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has a consensus rating of “Sell”.

Get Focus Universal alerts:

Read Our Latest Research Report on Focus Universal

Focus Universal Price Performance

Shares of NASDAQ:FCUV opened at $4.39 on Friday. The company has a debt-to-equity ratio of 1.33, a quick ratio of 2.34 and a current ratio of 2.44. The firm has a market cap of $3.07 million, a price-to-earnings ratio of -0.29 and a beta of -0.25. The business has a 50-day simple moving average of $7.40 and a two-hundred day simple moving average of $6.74. Focus Universal has a fifty-two week low of $1.79 and a fifty-two week high of $210.00.

Focus Universal (NASDAQ:FCUV – Get Free Report) last released its quarterly earnings data on Friday, August 14th. The company reported ($2.69) earnings per share for the quarter, missing the consensus estimate of ($1.33) by ($1.36). The company had revenue of $0.68 million for the quarter, compared to analysts’ expectations of $0.40 million. Focus Universal had a negative net margin of 637.15% and a negative return on equity of 151.07%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Focus Universal stock. Citadel Advisors LLC purchased a new position in Focus Universal, Inc. (NASDAQ:FCUV – Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 11,539 shares of the company’s stock, valued at approximately $44,000. Citadel Advisors LLC owned 1.65% of Focus Universal at the end of the most recent reporting period. 4.42% of the stock is currently owned by institutional investors.

Focus Universal Company Profile

(Get Free Report)

Focus Universal Inc (NASDAQ: FCUV) is a technology company focused on developing hardware and software solutions for the Internet of Things (IoT), wireless connectivity, and data monitoring. The company’s offerings are designed to connect sensors and devices, collect information, and support the remote monitoring and management of physical environments.

Its technology portfolio includes the Ubiquitor universal wireless sensor platform, which is intended to support multiple types of sensors and applications through a flexible wireless communications infrastructure.

Recommended Stories

• Five stocks we like better than Focus Universal
• Could Nike’s Brutal Sell-Off Finally Be Running Out of Steam?
• The AI Buildout Needs Power It Cannot Get: 4 Energy Stocks Already Have It
• McDonald’s Is Undergoing a Massive New Growth Strategy. Can It Win Back Consumers?
• MGM Resorts Stock Sinks After Diller Deal Collapse: Overreaction or Warning?

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.