Focus Universal (NASDAQ:FCUV) Trading Down 13% – Here’s What Happened

Focus Universal, Inc. (NASDAQ:FCUV) traded down 13% during trading on Wednesday . The stock traded as low as $3.15 and last traded at $3.29. 381,052 shares were traded during trading, an increase of 935% from the average session volume of 36,825 shares. The stock had previously closed at $3.78.

Analyst Ratings Changes

Separately, Weiss Ratings restated 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, Based on data from MarketBeat.com, Focus Universal has a consensus rating of “Sell”.

Focus Universal Price Performance

The stock has a market cap of $3.37 million, a P/E ratio of -0.62 and a beta of 0.53. The company has a fifty day moving average price of $4.94 and a 200 day moving average price of $19.59.

Focus Universal (NASDAQ:FCUV) last released its quarterly earnings data on Tuesday, March 31st. The company reported ($1.64) EPS for the quarter. The firm had revenue of $0.00 million for the quarter. Focus Universal had a negative net margin of 1,520.23% and a negative return on equity of 384.96%.

Focus Universal Company Profile

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.