Universal Security Instruments (NYSE:UUU) Director Milton Ault III Acquires 6,800 Shares

Universal Security Instruments, Inc. (NYSE:UUU) Director Milton Ault III acquired 6,800 shares of Universal Security Instruments stock in a transaction that occurred on Tuesday, December 9th. The stock was acquired at an average cost of $4.46 per share, with a total value of $30,328.00. Following the purchase, the director directly owned 123,431 shares of the company’s stock, valued at $550,502.26. This represents a 5.83% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Universal Security Instruments Price Performance

NYSE UUU traded up $0.16 during midday trading on Wednesday, hitting $4.64. 36,815 shares of the company traded hands, compared to its average volume of 367,232. The company has a market cap of $10.73 million, a PE ratio of -8.29 and a beta of -0.26. The company’s 50-day simple moving average is $4.59 and its 200-day simple moving average is $4.11. Universal Security Instruments, Inc. has a 52 week low of $1.65 and a 52 week high of $8.27.

Institutional Trading of Universal Security Instruments

An institutional investor recently bought a new position in Universal Security Instruments stock. Two Sigma Investments LP purchased a new stake in Universal Security Instruments, Inc. (NYSE:UUU) during the third quarter, according to its most recent 13F filing with the SEC. The firm purchased 49,499 shares of the company’s stock, valued at approximately $198,000. Two Sigma Investments LP owned approximately 2.14% of Universal Security Instruments as of its most recent filing with the SEC.

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.