Universal Security Instruments, Inc. (NYSE:UUU – Get Free Report) Director Milton Ault III acquired 3,116 shares of the firm’s stock in a transaction that occurred on Tuesday, December 16th. The shares were bought at an average price of $5.03 per share, with a total value of $15,673.48. Following the acquisition, the director directly owned 144,100 shares in the company, valued at $724,823. This represents a 2.21% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Universal Security Instruments Price Performance
Shares of UUU stock opened at $4.91 on Friday. The company has a market capitalization of $11.36 million, a P/E ratio of -8.77 and a beta of -0.26. The company’s 50-day simple moving average is $4.62 and its two-hundred day simple moving average is $4.20. Universal Security Instruments, Inc. has a one year low of $1.65 and a one year high of $8.27.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Universal Security Instruments stock. Qube Research & Technologies Ltd bought a new position in shares of Universal Security Instruments, Inc. (NYSE:UUU – Free Report) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 10,562 shares of the company’s stock, valued at approximately $42,000. Qube Research & Technologies Ltd owned 0.46% of Universal Security Instruments at the end of the most recent quarter.
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.
Further Reading
- Five stocks we like better than Universal Security Instruments
- What Are Dividend Achievers? An Introduction
- Qualcomm’s Monster Rally Has a Catch—Can the Stock Keep Climbing?
- Procter & Gamble (NYSE:PG) Pulls Back After Shaky Guidance
- Broadcom Stock Crashes 20%—But Wall Street Sees It Soaring to $500
- Asset Allocation: The Key to a Successful Portfolio. Are You Paying Attention to Yours?
- Forget the Chips: 4 Industrial Plays for the AI Rebound
Receive News & Ratings for Universal Security Instruments Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Universal Security Instruments and related companies with MarketBeat.com's FREE daily email newsletter.
