Key Points
- Director Milton Ault III purchased 3,000 UUU shares at an average price of $5.02, spending $15,060. Following the transaction, he directly owned 1,136,062 shares, a 0.26% increase in his stake.
- Universal Security Instruments shares opened at $5.07, with a 52-week range of $3.02 to $7.82. The company has a market capitalization of approximately $15.36 million and a negative price-to-earnings ratio of -9.05.
- The Maryland-based company develops and distributes residential and commercial safety products, including smoke and carbon monoxide alarms, fire extinguishers, and related fire-prevention equipment.
Universal Security Instruments, Inc. (NYSE:UUU - Get Free Report) Director Milton Ault III purchased 3,000 shares of the business's stock in a transaction that occurred on Tuesday, September 22nd. The shares were bought at an average price of $5.02 per share, for a total transaction of $15,060.00. Following the completion of the purchase, the director directly owned 1,136,062 shares in the company, valued at $5,703,031.24. This represents a 0.26% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
Universal Security Instruments Price Performance
Shares of UUU opened at $5.07 on Friday. Universal Security Instruments, Inc. has a 1-year low of $3.02 and a 1-year high of $7.82. The stock has a market cap of $15.36 million, a PE ratio of -9.05 and a beta of 0.09. The firm has a fifty day moving average price of $4.55 and a 200 day moving average price of $5.30.
Universal Security Instruments Company Profile
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Get Free Report)
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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