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

Universal Security Instruments, Inc. (NYSE:UUU) Director Milton Ault III bought 2,500 shares of Universal Security Instruments stock in a transaction dated Monday, December 15th. The stock was purchased at an average price of $5.02 per share, for a total transaction of $12,550.00. Following the purchase, the director directly owned 8,453 shares in the company, valued at $42,434.06. This represents a 42.00% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Universal Security Instruments Stock Down 1.0%

Shares of Universal Security Instruments stock opened at $4.91 on Friday. Universal Security Instruments, Inc. has a 12-month low of $1.65 and a 12-month high of $8.27. The stock has a market capitalization of $11.36 million, a P/E ratio of -8.77 and a beta of -0.26. The company has a 50-day simple moving average of $4.62 and a 200 day simple moving average of $4.20.

Institutional Investors Weigh In On Universal Security Instruments

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) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 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 at the end of the most recent reporting period.

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.