Key Points
- Milton Ault III bought 3,360 shares of Universal Security Instruments on Dec. 31 at an average price of $4.93 per share (~$16,565), bringing his total holding to 162,457 shares (a 2.11% ownership increase).
- Qube Research & Technologies Ltd acquired a new stake of 10,562 shares (~$42,000) during Q3, representing about 0.46% ownership in the company.
- Universal Security Instruments is a small-cap firm (market cap ~$12 million) with a 52-week range of $1.65–$8.27 and a trailing P/E of -9.27, indicating limited profitability.
Universal Security Instruments, Inc. (NYSE:UUU - Get Free Report) Director Milton Ault III acquired 3,360 shares of the business's stock in a transaction that occurred on Wednesday, December 31st. The stock was bought at an average cost of $4.93 per share, for a total transaction of $16,564.80. Following the completion of the purchase, the director owned 162,457 shares of the company's stock, valued at $800,913.01. This trade represents a 2.11% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
Universal Security Instruments Stock Performance
NYSE:UUU opened at $5.19 on Friday. Universal Security Instruments, Inc. has a fifty-two week low of $1.65 and a fifty-two week high of $8.27. The company has a 50 day simple moving average of $4.57 and a two-hundred day simple moving average of $4.36. The company has a market capitalization of $12.00 million, a PE ratio of -9.27 and a beta of -0.26.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Universal Security Instruments stock. Qube Research & Technologies Ltd acquired a new stake in Universal Security Instruments, Inc. (NYSE:UUU - Free Report) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 10,562 shares of the company's stock, valued at approximately $42,000. Qube Research & Technologies Ltd owned 0.46% of Universal Security Instruments at the end of the most recent reporting period.
Universal Security Instruments Company Profile
(
Get Free Report)
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.
Further Reading
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