Universal Security Instruments (NYSE:UUU) Director Milton Ault III Purchases 18,000 Shares of Stock

Universal Security Instruments, Inc. (NYSE:UUU) Director Milton Ault III acquired 18,000 shares of the business’s stock in a transaction dated Wednesday, September 30th. The stock was purchased at an average price of $5.13 per share, with a total value of $92,340.00. Following the completion of the transaction, the director directly owned 1,166,096 shares of the company’s stock, valued at $5,982,072.48. This trade represents a 1.57% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Universal Security Instruments Stock Up 1.2%

NYSE:UUU traded up $0.06 during mid-day trading on Thursday, hitting $5.19. 15,594 shares of the stock traded hands, compared to its average volume of 67,753. The business’s 50-day moving average price is $4.65 and its 200 day moving average price is $5.29. The company has a market cap of $15.72 million, a PE ratio of -9.27 and a beta of 0.09. Universal Security Instruments, Inc. has a 12-month low of $3.02 and a 12-month high of $7.82.

About Universal Security Instruments

Universal Security Instruments, Inc is a safety-products company that develops, manufactures and distributes devices designed to help protect homes and businesses from fire and other household hazards. Its product portfolio is centered on smoke alarms and carbon monoxide alarms, including battery-powered and hardwired models.

The company also offers related safety products, including fire extinguishers and other fire-prevention equipment. Products are marketed under Universal Security Instruments and USI Electric brand names, as well as through private-label and other distribution arrangements.

Founded in 1969, Universal Security Instruments is headquartered in Owings Mills, Maryland.