Universal Security Instruments, Inc. (NYSE:UUU – Get Free Report) Director Milton Ault III purchased 6,800 shares of the stock in a transaction on Tuesday, December 9th. The stock was acquired at an average price of $4.46 per share, with a total value of $30,328.00. Following the acquisition, the director directly owned 123,431 shares in the company, valued at $550,502.26. This trade represents a 5.83% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Universal Security Instruments Price Performance
Shares of UUU stock opened at $4.75 on Friday. The firm’s 50-day simple moving average is $4.59 and its 200-day simple moving average is $4.13. Universal Security Instruments, Inc. has a 1-year low of $1.65 and a 1-year high of $8.27. The firm has a market cap of $10.99 million, a P/E ratio of -8.48 and a beta of -0.26.
Institutional Trading of Universal Security Instruments
A hedge fund recently bought a new stake in Universal Security Instruments stock. Qube Research & Technologies Ltd bought a new position in Universal Security Instruments, Inc. (NYSE:UUU – Free Report) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 10,562 shares of the company’s stock, valued at approximately $42,000. Qube Research & Technologies Ltd owned 0.46% of Universal Security Instruments at the end of the most recent quarter.
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.
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