Universal Security Instruments (NYSE:UUU) Director Acquires $21,418.32 in Stock

Universal Security Instruments, Inc. (NYSE:UUU) Director Milton Ault III bought 4,697 shares of Universal Security Instruments stock in a transaction that occurred on Thursday, October 2nd. The stock was purchased at an average cost of $4.56 per share, with a total value of $21,418.32. Following the completion of the transaction, the director owned 55,407 shares of the company’s stock, valued at $252,655.92. This trade represents a 9.26% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Universal Security Instruments Stock Performance

Shares of UUU stock opened at $4.74 on Monday. The firm has a fifty day moving average of $4.59 and a 200-day moving average of $3.24. The stock has a market cap of $10.96 million, a price-to-earnings ratio of -8.46 and a beta of -0.47. Universal Security Instruments, Inc. has a 52-week low of $1.15 and a 52-week high of $8.27.

Universal Security Instruments Dividend Announcement

The business also recently announced a special dividend, which was paid on Thursday, September 25th. Stockholders of record on Thursday, September 18th were issued a $1.00 dividend. The ex-dividend date of this dividend was Friday, September 26th.

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.