Universal Security Instruments (NYSE:UUU) Director Acquires 12,034 Shares of Company Stock

Universal Security Instruments, Inc. (NYSE:UUU) Director Milton Ault III acquired 12,034 shares of Universal Security Instruments stock in a transaction on Wednesday, September 23rd. The shares were bought at an average price of $5.11 per share, for a total transaction of $61,493.74. Following the purchase, the director owned 1,148,096 shares of the company’s stock, valued at $5,866,770.56. This represents a 1.06% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Universal Security Instruments Stock Performance

Shares of UUU stock traded up $0.02 during trading hours on Thursday, reaching $5.07. The company had a trading volume of 5,751 shares, compared to its average volume of 69,201. Universal Security Instruments, Inc. has a twelve month low of $3.02 and a twelve month high of $7.82. The company has a market capitalization of $15.36 million, a P/E ratio of -9.05 and a beta of 0.09. The stock’s fifty day simple moving average is $4.53 and its 200 day simple moving average is $5.30.

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.