Milton Ault III Buys 6,800 Shares of Universal Security Instruments (NYSE:UUU) Stock

Universal Security Instruments, Inc. (NYSE:UUU) Director Milton Ault III bought 6,800 shares of Universal Security Instruments stock in a transaction that occurred on Tuesday, December 9th. The shares were acquired at an average cost of $4.46 per share, for a total transaction of $30,328.00. Following the completion of the transaction, the director directly owned 123,431 shares in the company, valued at $550,502.26. This represents a 5.83% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Universal Security Instruments Price Performance

NYSE UUU traded up $0.16 during trading on Wednesday, hitting $4.64. The company’s stock had a trading volume of 36,815 shares, compared to its average volume of 367,232. Universal Security Instruments, Inc. has a fifty-two week low of $1.65 and a fifty-two week high of $8.27. The company has a market cap of $10.73 million, a PE ratio of -8.29 and a beta of -0.26. The business’s 50 day simple moving average is $4.59 and its 200-day simple moving average is $4.11.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Universal Security Instruments stock. Two Sigma Investments LP acquired a new position in shares of Universal Security Instruments, Inc. (NYSE:UUU) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 49,499 shares of the company’s stock, valued at approximately $198,000. Two Sigma Investments LP owned 2.14% of Universal Security Instruments at the end of the most recent quarter.

About Universal Security Instruments

Universal Security Instruments, Inc, together with its subsidiary, engages in the marketing and distribution of safety and security products in the United States. The company offers a line of safety alarms units, including replaceable batteries, sealed batteries, and battery backup alarms; and smoke alarms, which include hearing impaired and heat alarms, as well as carbon monoxide alarms, door chimes, ventilation products, ground fault circuit interrupters, and other electrical devices under the UNIVERSAL and USI Electric trade names.