Universal Security Instruments (NYSE:UUU) Director Acquires $33,480.60 in Stock

Universal Security Instruments, Inc. (NYSE:UUU) Director Milton Ault III purchased 6,805 shares of the business’s stock in a transaction on Friday, December 26th. The stock was acquired at an average cost of $4.92 per share, with a total value of $33,480.60. Following the completion of the acquisition, the director directly owned 158,297 shares in the company, valued at $778,821.24. The trade was a 4.49% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Universal Security Instruments Price Performance

Shares of UUU opened at $5.16 on Friday. The firm’s 50 day moving average is $4.58 and its 200-day moving average is $4.34. The stock has a market capitalization of $11.94 million, a P/E ratio of -9.21 and a beta of -0.26. Universal Security Instruments, Inc. has a 12-month low of $1.65 and a 12-month high of $8.27.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Universal Security Instruments stock. Qube Research & Technologies Ltd purchased a new stake in shares of Universal Security Instruments, Inc. (NYSE:UUU) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 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 reporting period.

About Universal Security Instruments

Universal Security Instruments, Inc (NYSE: UUU) is a manufacturer and marketer of home safety and security products based in Holbrook, New York. The company specializes in the design, development and distribution of devices intended to protect lives and property, servicing both residential and commercial end users.

Its product portfolio includes photoelectric and ionization smoke alarms, carbon monoxide detectors, combination smoke/CO units, fire extinguishers and fire escape ladders. Additional offerings extend to weather radios and environmental sensors, all engineered to meet or exceed applicable UL, ANSI and NFPA safety standards.

Universal Security Instruments distributes its products primarily across the United States and Canada through a network of mass merchants, independent electrical distributors, home improvement centers and e-commerce platforms.