Universal Security Instruments (NYSE:UUU) Director Milton Ault III Purchases 3,000 Shares of Company Stock

Universal Security Instruments, Inc. (NYSE:UUU) Director Milton Ault III purchased 3,000 shares of the business’s stock in a transaction on Tuesday, September 22nd. The shares were acquired at an average price of $5.02 per share, for a total transaction of $15,060.00. Following the completion of the purchase, the director directly owned 1,136,062 shares of the company’s stock, valued at approximately $5,703,031.24. This trade represents a 0.26% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Universal Security Instruments Stock Performance

NYSE UUU opened at $5.07 on Friday. The firm has a 50 day simple moving average of $4.55 and a 200-day simple moving average of $5.30. Universal Security Instruments, Inc. has a one year low of $3.02 and a one year high of $7.82. The firm 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 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.