Insider Buying: Universal Security Instruments (NYSE:UUU) Director Purchases 3,000 Shares of Company Stock

Universal Security Instruments, Inc. (NYSE:UUU) Director Milton Ault III purchased 3,000 shares of Universal Security Instruments stock in a transaction that occurred on Tuesday, September 22nd. The stock was acquired at an average cost of $5.02 per share, with a total value of $15,060.00. Following the acquisition, the director directly owned 1,136,062 shares in the company, valued at $5,703,031.24. This trade represents a 0.26% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Universal Security Instruments Price Performance

UUU stock traded up $0.02 during mid-day trading on Thursday, reaching $5.07. 5,751 shares of the company’s stock were exchanged, compared to its average volume of 69,201. The company has a market cap of $15.36 million, a price-to-earnings ratio of -9.05 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. The stock’s 50 day moving average is $4.53 and its 200 day moving average is $5.30.

Universal Security Instruments Company Profile

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.