Auctus Fund Management LLC recently announced the acquisition of new stake in Universal Security Instruments Inc. (AMEX:UUU). This fresh investment now brings its stake to 8.65% valued currently at $0.41 million. In addition, Summit X LLC raised its holdings by 2689.0 to 14226.0 shares. And Tower Research Capital LLC has lifted its position by 178.60% or 968.0 shares – to 1510.0 shares.
With over 0.35 million Universal Security Instruments Inc. (UUU) shares trading Friday and a closing price of $2.09 on the day, the dollar volume was approximately $0.73 million. The shares have shown a negative half year performance of -39.04% and its price on 01/20/23 gained nearly 9.74%. Currently, there are 2.31M common shares owned by the public and among those 1.95M shares have been available to trade.
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Insiders at the company have transacted a total of 0 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 0 of these insider trades were purchases, accounting for 0 shares. Insider sales of the common stock occurred on 0 occasions, with total insider shares sold totaling 0 shares.
The top 3 mutual fund holders in Universal Security Instruments Inc. are Bridgeway Ultra Small Company Fun, Vanguard Extended Market Index Fu, and Fidelity Extended Market Index Fu. Bridgeway Ultra Small Company Fun owns 0.1 million shares of the company’s stock, all valued at over $0.2 million. Vanguard Extended Market Index Fu bought 49.0 shares to see its total holdings expand to 45959.0 shares valued at over $93297.0 and representing 1.99% of the shares outstanding. Fidelity Extended Market Index Fu now owns shares totaling to 0.51% of the shares outstanding.
However, the script later moved the day high at 2.6200, up 9.74%. The company’s stock has a 5-day price change of -3.92% and -35.05% over the past three months. UUU shares are trading 2.71% year to date (YTD), with the 12-month market performance down to -31.64% lower. It has a 12-month low price of $1.50 and touched a high of $5.25 over the same period. UUU has an average intraday trading volume of 8.69K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 0.70%, -19.46%, and -36.68% respectively.
Institutional ownership of Universal Security Instruments Inc. (AMEX: UUU) shares accounts for 24.00% of the company’s 2.31M shares outstanding. Mutual fund holders own 58.50%, while other institutional holders and individual stakeholders account for 7.21% and 16.76% respectively.
It has a market capitalization of $4.40M and a beta (3y monthly) value of 1.48. The earnings-per-share (ttm) stands at -$0.05. Price movements for the stock have been influenced by the stock’s volatility, which stands at 16.27% over the week and 9.27% over the month.
The lowest estimate earnings-per-share for the quarter is $0 while analysts give the company a high EPS estimate of $0.
Looking at the support for the UUU, a number of firms have released research notes about the stock. RBC Capital Mkts stated their Sector Perform rating for the stock in a research note on January 15, 2013, with the firm’s price target at $3-$2.86.
