Universal Security Instruments (NYSE:UUU) Director Acquires $92,340.00 in Stock

Universal Security Instruments, Inc. (NYSE:UUU – Get Free Report) Director Milton Ault III purchased 18,000 shares of the firm’s stock in a transaction that occurred on Wednesday, September 30th. The stock was purchased at an average price of $5.13 per share, with a total value of $92,340.00. Following the completion of the purchase, the director directly owned 1,166,096 shares of the company’s stock, valued at approximately $5,982,072.48. This represents a 1.57% increase in their position. The purchase was disclosed in a filing with the SEC, which is available through the SEC website.

Universal Security Instruments Stock Down 5.8%

Shares of Universal Security Instruments stock opened at $4.88 on Friday. The business has a 50-day moving average price of $4.70 and a 200 day moving average price of $5.28. Universal Security Instruments, Inc. has a fifty-two week low of $3.02 and a fifty-two week high of $7.82. The firm has a market cap of $14.78 million, a P/E ratio of -8.71 and a beta of 0.03.

About Universal Security Instruments

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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.

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