Universal Security Instruments (NYSE:UUU) Director Milton Ault III Acquires 2,168 Shares

Universal Security Instruments, Inc. (NYSE:UUU) Director Milton Ault III bought 2,168 shares of the business’s stock in a transaction on Monday, December 22nd. The stock was bought at an average price of $4.98 per share, for a total transaction of $10,796.64. Following the transaction, the director directly owned 151,392 shares of the company’s stock, valued at approximately $753,932.16. This represents a 1.45% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website.

Universal Security Instruments Stock Down 1.0%

Shares of NYSE:UUU traded down $0.05 during trading on Tuesday, hitting $5.02. 18,292 shares of the company were exchanged, compared to its average volume of 354,632. Universal Security Instruments, Inc. has a 1-year low of $1.65 and a 1-year high of $8.27. The company has a market capitalization of $11.61 million, a P/E ratio of -8.96 and a beta of -0.26. The business’s 50 day moving average is $4.62 and its 200-day moving average is $4.25.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Universal Security Instruments stock. Qube Research & Technologies Ltd acquired a new stake in Universal Security Instruments, Inc. (NYSE:UUU) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 10,562 shares of the company’s stock, valued at approximately $42,000. Qube Research & Technologies Ltd owned about 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.