Universal Security Instruments, Inc. (NYSE:UUU – Get Free Report) traded up 1.2% on Friday . The company traded as high as $3.67 and last traded at $3.45. Approximately 5,905 shares traded hands during mid-day trading, a decline of 92% from the average daily volume of 73,725 shares. The stock had previously closed at $3.41.
Universal Security Instruments Stock Up 1.2%
The firm has a market cap of $10.45 million, a price-to-earnings ratio of -6.16 and a beta of 0.05. The business has a 50 day moving average of $4.22 and a 200 day moving average of $5.18.
Hedge Funds Weigh In On Universal Security Instruments
Institutional investors and hedge funds have recently modified their holdings of the company. Qube Research & Technologies Ltd purchased a new stake in Universal Security Instruments in the 3rd quarter worth approximately $42,000. Bridgeway Capital Management LLC acquired a new stake in shares of Universal Security Instruments during the fourth quarter worth $56,000. Geode Capital Management LLC boosted its holdings in shares of Universal Security Instruments by 22.8% during the fourth quarter. Geode Capital Management LLC now owns 15,355 shares of the company’s stock worth $79,000 after purchasing an additional 2,850 shares during the last quarter. Heron Bay Capital Management purchased a new stake in shares of Universal Security Instruments in the fourth quarter valued at $186,000. Finally, Two Sigma Investments LP purchased a new stake in shares of Universal Security Instruments in the third quarter valued at $198,000.
Universal Security Instruments Company Profile
Universal Security Instruments, Inc (NYSE: UUU) is a manufacturer and marketer of home safety and security products based in Holbrook, New York. The company specializes in the design, development and distribution of devices intended to protect lives and property, servicing both residential and commercial end users.
Its product portfolio includes photoelectric and ionization smoke alarms, carbon monoxide detectors, combination smoke/CO units, fire extinguishers and fire escape ladders. Additional offerings extend to weather radios and environmental sensors, all engineered to meet or exceed applicable UL, ANSI and NFPA safety standards.
Universal Security Instruments distributes its products primarily across the United States and Canada through a network of mass merchants, independent electrical distributors, home improvement centers and e-commerce platforms.
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