Universal Security Instruments (NYSE:UUU) Director Buys $61,493.74 in Stock

Universal Security Instruments, Inc. (NYSE:UUU) Director Milton Ault III acquired 12,034 shares of Universal Security Instruments stock in a transaction that occurred on Wednesday, September 23rd. The shares were purchased at an average price of $5.11 per share, for a total transaction of $61,493.74. Following the completion of the purchase, the director directly owned 1,148,096 shares of the company’s stock, valued at $5,866,770.56. The trade was a 1.06% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Universal Security Instruments Stock Up 0.4%

UUU stock traded up $0.02 during trading on Thursday, hitting $5.07. 5,751 shares of the company’s stock traded hands, compared to its average volume of 69,201. Universal Security Instruments, Inc. has a 52 week low of $3.02 and a 52 week high of $7.82. The stock has a fifty day moving average price of $4.53 and a two-hundred day moving average price of $5.30. The stock has a market capitalization of $15.36 million, a price-to-earnings ratio of -9.05 and a beta of 0.09.

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.