Universal Electronics (NASDAQ:UEIC) is scheduled to be announcing its earnings results after the market closes on Thursday, February 22nd. Analysts expect the company to announce earnings of $0.60 per share for the quarter.
Shares of Universal Electronics (NASDAQ:UEIC) opened at $43.60 on Thursday. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.34 and a quick ratio of 0.80. The firm has a market cap of $621.59, a PE ratio of 20.12, a price-to-earnings-growth ratio of 0.77 and a beta of 1.50. Universal Electronics has a 1 year low of $41.95 and a 1 year high of $74.85.
In related news, insider David Cheung Hyen Chong sold 11,550 shares of Universal Electronics stock in a transaction that occurred on Wednesday, December 6th. The shares were sold at an average price of $50.31, for a total transaction of $581,080.50. Following the transaction, the insider now owns 31,657 shares of the company’s stock, valued at approximately $1,592,663.67. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director J C. Sparkman acquired 2,000 shares of Universal Electronics stock in a transaction that occurred on Friday, December 15th. The shares were purchased at an average cost of $47.50 per share, for a total transaction of $95,000.00. Following the purchase, the director now directly owns 41,871 shares in the company, valued at $1,988,872.50. The disclosure for this purchase can be found here. 5.94% of the stock is currently owned by company insiders.
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Universal Electronics Company Profile
Universal Electronics Inc (UEI) develops control and sensor technology solutions and manufactures a line of pre-programmed and universal remote control products, audio-video (AV) accessories, and intelligent wireless security and automation components. The Company’s offerings include pre-programmed universal infrared (IR) and radio frequency (RF) remote controls that are sold primarily to subscription broadcasting providers, original equipment manufacturers (OEMs), retailers, and private label customers, and integrated circuits, on which its software and universal device control database is embedded, sold primarily to OEMs, subscription broadcasting providers, and private label customers.
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