Key Points
- Director Milton Ault III bought 5,631 shares on Dec. 2 at $4.31 each for $24,269.61, increasing his direct holdings to 101,000 shares (a 5.90% rise).
- Qube Research & Technologies Ltd opened a new position of 10,562 shares (≈$42,000), representing about 0.46% ownership at the end of the quarter.
- UUU shares traded up ~1.8% to $4.33 with a market cap near $10 million and a negative P/E of -7.72, while intraday volume (2,864) was far below its average (371,234), suggesting thin liquidity.
Universal Security Instruments, Inc. (NYSE:UUU - Get Free Report) Director Milton Ault III purchased 5,631 shares of the business's stock in a transaction that occurred on Tuesday, December 2nd. The stock was bought at an average price of $4.31 per share, for a total transaction of $24,269.61. Following the purchase, the director directly owned 101,000 shares in the company, valued at $435,310. The trade was a 5.90% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Universal Security Instruments Trading Up 1.8%
Universal Security Instruments stock traded up $0.08 during mid-day trading on Friday, hitting $4.33. The company had a trading volume of 2,864 shares, compared to its average volume of 371,234. Universal Security Instruments, Inc. has a 12 month low of $1.65 and a 12 month high of $8.27. The company has a market capitalization of $10.00 million, a PE ratio of -7.72 and a beta of -0.26. The stock's 50 day moving average price is $4.58 and its two-hundred day moving average price is $4.04.
Institutional Investors Weigh In On Universal Security Instruments
An institutional investor recently bought a new position in Universal Security Instruments stock. Qube Research & Technologies Ltd bought a new stake in shares of Universal Security Instruments, Inc. (NYSE:UUU - Free Report) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 10,562 shares of the company's stock, valued at approximately $42,000. Qube Research & Technologies Ltd owned about 0.46% of Universal Security Instruments at the end of the most recent quarter.
About Universal Security Instruments
(
Get Free Report)
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.
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