Universal Security Instruments (NYSE:UUU) Director Buys $26,298.00 in Stock

Universal Security Instruments, Inc. (NYSE:UUU) Director Milton Ault III acquired 5,400 shares of the business’s stock in a transaction that occurred on Thursday, December 11th. The shares were purchased at an average price of $4.87 per share, with a total value of $26,298.00. Following the completion of the transaction, the director owned 142,031 shares of the company’s stock, valued at $691,690.97. The trade was a 3.95% increase in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Universal Security Instruments Stock Up 4.4%

Shares of Universal Security Instruments stock traded up $0.21 during mid-day trading on Monday, hitting $4.96. The stock had a trading volume of 42,652 shares, compared to its average volume of 363,050. The firm has a 50-day moving average of $4.59 and a two-hundred day moving average of $4.15. The firm has a market cap of $11.47 million, a P/E ratio of -8.86 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 Trading of Universal Security Instruments

A hedge fund recently bought a new stake in Universal Security Instruments stock. Qube Research & Technologies Ltd acquired a new stake in shares of Universal Security Instruments, Inc. (NYSE:UUU) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor 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 as of its most recent SEC filing.

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.