NEW YORK (

TheStreet

) -- Shares of

Universal Security Instruments

(AMEX:

UUU

) have taken a tremendous swing upward. The stock is trading at $6.92 as of 12:28 p.m. ET, 20.1% above Tuesday's closing price of $5.76. Volume is at 22,350, 3.9 times the daily average of 5,800.

Universal Security Instruments has a market cap of $12.7 million and is part of the

services

sector and

diversified services

industry. Shares are down 22.6% year to date as of the close of trading on Tuesday.

Universal Security Instruments, Inc. designs and markets various safety products. The company primarily offers smoke alarms, carbon monoxide alarms, and related products. It markets a line of residential smoke and carbon monoxide alarms under the trade names of USI Electric and UNIVERSAL. The company has a P/E ratio of 24.2, equal to the average diversified services industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Universal Security Instruments as a

hold

. Among the primary strengths of the company is its solid financial position based on a variety of debt and liquidity measures that we have evaluated. At the same time, however, we also find weaknesses including a generally disappointing performance in the stock itself, feeble growth in the company's earnings per share and deteriorating net income. You can view the full

Universal Security Instruments Ratings Report

.

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