Milton Ault III Purchases 10,000 Shares of Universal Security Instruments (NYSE:UUU) Stock

Universal Security Instruments, Inc. (NYSE:UUU) Director Milton Ault III purchased 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 30th. The shares were purchased at an average price of $4.24 per share, for a total transaction of $42,400.00. Following the completion of the acquisition, the director owned 47,710 shares of the company’s stock, valued at $202,290.40. The trade was a 26.52% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Universal Security Instruments Stock Performance

NYSE:UUU opened at $4.78 on Thursday. The firm has a market cap of $11.06 million, a price-to-earnings ratio of -8.54 and a beta of -0.54. Universal Security Instruments, Inc. has a 52 week low of $1.12 and a 52 week high of $8.27. The firm has a 50-day moving average price of $4.53 and a two-hundred day moving average price of $3.18.

Universal Security Instruments Dividend Announcement

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

Universal Security Instruments Company Profile

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.