Universal Security Instruments Inc.

Universal Security Instruments Inc. is an AMEX listed security that has been trading in a range between $15.73 and $36.29 over the past year. With 2,433,480 shares outstanding, a recent price of $27.85 gives a total market capitalization of $67,456,064. While there are certainly larger companies, Universal Security Instruments Inc. has definitely earned its place in the pack. Last year, Universal Security Instruments Inc. created $2.32 in earnings for every share outstanding.

Universal Security Instruments Inc. is currently priced by the market at 11.90 times last year’s earnings. Many trading multiples around the world are quite attractive these days, but don’t be fooled. A Price to Earnings ratio of 0 simply means that the security didn’t make any money last year.

With a share price under $50 a share and earnings per share in excess of $1 a share, Universal Security Instruments Inc. could be an interesting value proposition.