Universal Electronics traded at $3.83 this Friday March 6th. Looking back, over the last four weeks, Universal Electronics lost 8.81 percent. Over the last 12 months, its price fell by 47.89 percent. Looking ahead, we forecast Universal Electronics to be priced at 3.65 by the end of this quarter and at 3.33 in one year, according to Trading Economics global macro models projections and analysts expectations.
Universal Electronics Inc. is engaged in the business of wireless universal control solutions for home entertainment and smart home devices. The Company designs, develops, manufactures, ships and supports control and sensor technology solutions. The Company offers universal control systems, audio video accessories, and intelligent wireless security and smart home products. The Company’s products and solutions include video services, consumer electronics, security, home automation, climate control and home appliance markets. The Company distributes remote control devices, integrated circuits, sensors, connected thermostats and audio-video (AV) accessories directly to video and security service providers and original equipment manufacturers (OEMs), both domestically and internationally. It also distributes home security sensors and connected thermostats to pro-security installers and hospitality system integrators in the United States and Europe.