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Zacks Investment Research downgraded Universal Electronics Inc (NASDAQ:UEIC) to Strong Sell in a report released today.

Zacks Investment Research has downgraded Universal Electronics Inc (NASDAQ:UEIC) to Strong Sell in a report released on 5/24/2017.

Just yesterday Universal Electronics Inc (NASDAQ:UEIC) traded 0.35% higher at $62.70. Universal Electronics Inc’s 50-day moving average is $65.26 and its 200-day moving average is $66.12. The last stock price is down -14.10% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.01% over the same time period. 101,973 shares of UEIC traded hands, up from an average trading volume of 51,156

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Universal Electronics Inc (NASDAQ:UEIC)

Universal Electronics Inc has 52 week low of $52.90 and a 52 week high of $77.97 with a PE ratio of 52.54 and has a market capitalization of $0.

Brief Synopsis On Universal Electronics Inc (NASDAQ:UEIC)

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. Its offerings also include software, firmware and technology solutions that enable devices, such as televisions, set-top boxes, stereos, smart phones tablets, gaming controllers and other consumer electronic devices, to wirelessly connect and interact with home networks and interactive services.

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