Milton Ault III Buys 2,500 Shares of Universal Security Instruments (NYSE:UUU) Stock

Universal Security Instruments, Inc. (NYSE:UUU) Director Milton Ault III purchased 2,500 shares of the stock in a transaction that occurred on Monday, December 15th. The stock was bought at an average price of $5.02 per share, with a total value of $12,550.00. Following the completion of the transaction, the director owned 8,453 shares of the company’s stock, valued at $42,434.06. The trade was a 42.00% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Universal Security Instruments Stock Performance

NYSE UUU traded down $0.02 on Wednesday, hitting $4.96. 24,367 shares of the stock were exchanged, compared to its average volume of 360,216. Universal Security Instruments, Inc. has a 52-week low of $1.65 and a 52-week high of $8.27. The firm has a market capitalization of $11.47 million, a P/E ratio of -8.86 and a beta of -0.26. The stock has a fifty day moving average price of $4.60 and a two-hundred day moving average price of $4.19.

Institutional Trading of Universal Security Instruments

An institutional investor recently bought a new position in Universal Security Instruments stock. Qube Research & Technologies Ltd bought a new stake in shares of Universal Security Instruments, Inc. (NYSE:UUU) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund 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 reporting period.

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.