Universal Security Instruments (NYSE:UUU) Director Milton Ault III Buys 3,116 Shares

Universal Security Instruments, Inc. (NYSE:UUU) Director Milton Ault III acquired 3,116 shares of the company’s stock in a transaction dated Tuesday, December 16th. The stock was acquired at an average price of $5.03 per share, with a total value of $15,673.48. Following the purchase, the director owned 144,100 shares in the company, valued at approximately $724,823. This represents a 2.21% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Universal Security Instruments Stock Performance

Shares of Universal Security Instruments stock remained flat at $4.96 during trading on Thursday. 2,282 shares of the stock traded hands, compared to its average volume of 358,732. The firm has a market cap of $11.47 million, a P/E ratio of -8.86 and a beta of -0.26. The business’s fifty day simple moving average is $4.61 and its two-hundred day simple moving average is $4.20. Universal Security Instruments, Inc. has a 1-year low of $1.65 and a 1-year high of $8.27.

Hedge Funds Weigh In On Universal Security Instruments

An institutional investor recently bought a new position in Universal Security Instruments stock. Qube Research & Technologies Ltd acquired a new position in Universal Security Instruments, Inc. (NYSE:UUU) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 10,562 shares of the company’s stock, valued at approximately $42,000. Qube Research & Technologies Ltd owned approximately 0.46% of Universal Security Instruments as of its most recent filing with the Securities and Exchange Commission (SEC).

Universal Security Instruments Company Profile

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.