Key Points
- Milton Ault III purchased 6,800 shares on December 9 at an average price of $4.46 (total ~$30,328), bringing his direct holding to 123,431 shares — a 5.83% increase valued at about $550,502, per an SEC filing.
- Shares of Universal Security Instruments traded up 1.2% to $4.70 on low volume (5,962 shares versus an average of 365,694); the company has a market cap of about $10.86 million, a 52-week range of $1.65–$8.27, and a negative P/E of -8.38.
- Qube Research & Technologies Ltd bought a new stake of 10,562 shares (~0.46% of the company) in Q3, valued at roughly $42,000.
Universal Security Instruments, Inc. (NYSE:UUU - Get Free Report) Director Milton Ault III acquired 2,900 shares of the firm's stock in a transaction dated Friday, December 5th. The shares were purchased at an average cost of $4.38 per share, for a total transaction of $12,702.00. Following the acquisition, the director directly owned 110,431 shares in the company, valued at $483,687.78. This represents a 2.70% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
Universal Security Instruments Price Performance
Shares of NYSE UUU traded up $0.06 during trading hours on Thursday, reaching $4.70. The stock had a trading volume of 6,282 shares, compared to its average volume of 365,694. The company has a market cap of $10.86 million, a price-to-earnings ratio of -8.38 and a beta of -0.26. Universal Security Instruments, Inc. has a twelve month low of $1.65 and a twelve month high of $8.27. The business's fifty day moving average is $4.59 and its two-hundred day moving average is $4.11.
Institutional Trading of Universal Security Instruments
A hedge fund recently bought a new stake in Universal Security Instruments stock. Qube Research & Technologies Ltd purchased a new position in Universal Security Instruments, Inc. (NYSE:UUU - Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 10,562 shares of the company's stock, valued at approximately $42,000. Qube Research & Technologies Ltd owned approximately 0.46% of Universal Security Instruments as of its most recent SEC filing.
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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