Focus Universal (NASDAQ:FCUV) Trading Down 0.8% – Here’s Why

Focus Universal, Inc. (NASDAQ:FCUV) shares were down 0.8% during mid-day trading on Friday . The company traded as low as $8.30 and last traded at $8.71. 53,446 shares were traded during trading, a decline of 99% from the average daily volume of 6,026,272 shares. The stock had previously closed at $8.78.

Analyst Ratings Changes

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

Focus Universal Stock Down 0.8%

The firm has a market capitalization of $6.10 million, a P/E ratio of -0.58 and a beta of -0.65. The company has a debt-to-equity ratio of 1.33, a quick ratio of 13.17 and a current ratio of 2.44. The business’s fifty day moving average price is $4.54 and its two-hundred day moving average price is $9.67.

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

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.