Focus Universal (NASDAQ:FCUV) Issues Quarterly Earnings Results

Focus Universal (NASDAQ:FCUV) issued its quarterly earnings data on Thursday, May 14th. The company reported ($1.48) EPS for the quarter, topping the consensus estimate of ($5.33) by $3.85, Zacks reports. Focus Universal had a negative net margin of 4,243.03% and a negative return on equity of 357.95%. The business had revenue of $0.05 million during the quarter, compared to analyst estimates of $0.40 million.

Focus Universal Stock Up 7.7%

Shares of FCUV stock opened at $4.76 on Friday. The business’s fifty day moving average is $4.19 and its 200 day moving average is $25.56. The stock has a market cap of $3.33 million, a price-to-earnings ratio of -0.94 and a beta of -0.41. Focus Universal has a twelve month low of $1.84 and a twelve month high of $210.00.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Focus Universal in a research report on Wednesday. One research analyst has rated the stock with a Sell rating, According to MarketBeat, Focus Universal has a consensus rating of “Sell”.

About Focus Universal

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.