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

Focus Universal (NASDAQ:FCUV) was downgraded by equities research analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued on Saturday, Wall Street Zen reports.

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

Focus Universal Stock Performance

FCUV stock opened at $4.52 on Friday. The company has a quick ratio of 2.34, a current ratio of 2.44 and a debt-to-equity ratio of 1.33. The company has a market cap of $3.16 million, a price-to-earnings ratio of -0.30 and a beta of -0.65. The business has a fifty day simple moving average of $7.18 and a 200-day simple moving average of $7.21. Focus Universal has a 52 week low of $1.79 and a 52 week high of $210.00.

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

Institutional Trading of Focus Universal

A hedge fund recently bought a new stake in Focus Universal stock. Citadel Advisors LLC bought a new stake in Focus Universal, Inc. (NASDAQ:FCUV) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 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 quarter. Hedge funds and other 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.