Focus Universal (NASDAQ:FCUV) Cut to “Sell” at Wall Street Zen

Wall Street Zen lowered shares of Focus Universal (NASDAQ:FCUV) from a hold rating to a sell rating in a research report sent to investors on Saturday,Wall Street Zen reports.

Separately, Weiss Ratings cut shares of Focus Universal from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Friday, September 18th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has a consensus rating of “Sell”.

Focus Universal Stock Performance

NASDAQ:FCUV opened at $4.98 on Friday. The stock has a market cap of $3.49 million, a P/E ratio of -0.33 and a beta of -0.65. The stock has a 50 day simple moving average of $7.23 and a 200 day simple moving average of $7.08. The company has a current ratio of 2.44, a quick ratio of 2.34 and a debt-to-equity ratio of 1.33. Focus Universal has a 1-year low of $1.79 and a 1-year high of $210.00.

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

Institutional Investors Weigh In On Focus Universal

A hedge fund recently bought a new position in Focus Universal stock. Citadel Advisors LLC acquired a new position in shares of Focus Universal, Inc. (NASDAQ:FCUV) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 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. Institutional investors own 4.42% of the company’s stock.

About Focus Universal

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.