Universal Security Instruments (NYSE:UUU) Director Milton Ault III Acquires 3,000 Shares of Stock

Universal Security Instruments, Inc. (NYSE:UUU) Director Milton Ault III acquired 3,000 shares of the firm’s stock in a transaction dated Tuesday, September 22nd. The stock was bought at an average cost of $5.02 per share, with a total value of $15,060.00. Following the acquisition, the director owned 1,136,062 shares in the company, valued at approximately $5,703,031.24. This trade represents a 0.26% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Universal Security Instruments Stock Performance

Universal Security Instruments stock traded up $0.02 during midday trading on Thursday, hitting $5.07. 5,751 shares of the company were exchanged, compared to its average volume of 69,201. The business has a fifty day simple moving average of $4.53 and a two-hundred day simple moving average of $5.30. The firm has a market capitalization of $15.36 million, a PE ratio of -9.05 and a beta of 0.09. Universal Security Instruments, Inc. has a fifty-two week low of $3.02 and a fifty-two week high of $7.82.

Universal Security Instruments Company Profile

Universal Security Instruments, Inc is a safety-products company that develops, manufactures and distributes devices designed to help protect homes and businesses from fire and other household hazards. Its product portfolio is centered on smoke alarms and carbon monoxide alarms, including battery-powered and hardwired models.

The company also offers related safety products, including fire extinguishers and other fire-prevention equipment. Products are marketed under Universal Security Instruments and USI Electric brand names, as well as through private-label and other distribution arrangements.

Founded in 1969, Universal Security Instruments is headquartered in Owings Mills, Maryland.