Focus Universal (NASDAQ:FCUV) Issues Quarterly Earnings Results

by · The Cerbat Gem

Focus Universal (NASDAQ:FCUV – Get Free Report) posted its quarterly earnings results on Thursday. The company reported ($1.48) EPS for the quarter, Zacks reports. Focus Universal had a negative net margin of 1,879.67% and a negative return on equity of 348.74%.

Focus Universal Stock Performance

Shares of FCUV stock traded down $0.08 during trading hours on Thursday, hitting $0.72. The company had a trading volume of 13,896,156 shares, compared to its average volume of 122,180. Focus Universal has a 12 month low of $0.61 and a 12 month high of $52.50. The firm has a market capitalization of $739,643.00, a price-to-earnings ratio of -0.14 and a beta of -0.31. The firm’s fifty day moving average is $2.94 and its 200 day moving average is $13.61.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Focus Universal in a report on Friday, March 27th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has a consensus rating of “Sell”.

View Our Latest Analysis on FCUV

Focus Universal Company Profile

(Get Free Report)

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.

Further Reading