Universal Electronics Inc. (UEIC) Soars 1.85% on January 07

Equities Staff  |

Universal Electronics Inc. (UEIC) had a good day on the market for Thursday January 07 as shares jumped 1.85% to close at $56.17. About 89,111 shares traded hands on 1,745 trades for the day, compared with an average daily volume of n/a shares out of a total float of 13.75 million. After opening the trading day at $55.02, shares of Universal Electronics Inc. stayed within a range of $56.77 to $54.53.

With today's gains, Universal Electronics Inc. now has a market cap of $772.32 million. Shares of Universal Electronics Inc. have been trading within a range of $56.99 and $29.50 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Universal Electronics Inc is a United States-based company that is principally engaged in developing and manufacturing a series of electronic products, including wireless control products, audio-video accessories, intelligent wireless automation components, and software. The company focuses on the subscription broadcast, consumer electronics and residential security markets, with customers consisting of subscription broadcasters, original equipment manufacturer, private-label brands, retailers, pro-security dealers, and companies in the computing industry. The company has a global presence, and generates most of its total revenue from the United States, Asia (excluding PRC), and the People's Republic of China, with the rest from Europe, Latin America, and elsewhere.

Universal Electronics Inc. is based out of Scottsdale, AZ and has some 4,347 employees. Its CEO is Paul D. Arling.

For a complete fundamental analysis of Universal Electronics Inc., check out Equities.com’s Stock Valuation Analysis report for UEIC.

Still paying commissions on stock trades? Equities.com now offers $7.99/month unlimited trading and flat-fee options trading for $89.99/month! Get started today by https://www.equities.com/trading-start

Universal Electronics Inc. is also a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

To get more information on Universal Electronics Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: UEIC’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer



Symbol Last Price Change % Change