Universal Security Instruments, Inc. (NYSE:UUU – Get Free Report) Director Milton Ault III acquired 3,000 shares of the stock in a transaction that occurred on Wednesday, October 1st. The stock was purchased at an average price of $4.98 per share, with a total value of $14,940.00. Following the completion of the transaction, the director owned 50,710 shares of the company’s stock, valued at approximately $252,535.80. This trade represents a 6.29% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Universal Security Instruments Trading Up 3.0%
Universal Security Instruments stock opened at $4.74 on Friday. The company has a market cap of $10.96 million, a PE ratio of -8.46 and a beta of -0.47. Universal Security Instruments, Inc. has a 1 year low of $1.15 and a 1 year high of $8.27. The company’s 50-day moving average is $4.59 and its two-hundred day moving average is $3.23.
Universal Security Instruments Announces Dividend
The business also recently disclosed a special dividend, which was paid on Thursday, September 25th. Investors of record on Thursday, September 18th were issued a $1.00 dividend. The ex-dividend date was Friday, September 26th.
About Universal Security Instruments
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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