StockNews.com Begins Coverage on United-Guardian (NASDAQ:UG)

StockNews.com started coverage on shares of United-Guardian (NASDAQ:UG) in a research report released on Wednesday. The brokerage issued a buy rating on the stock.

United-Guardian Stock Up 0.4 %

UG stock opened at $8.06 on Wednesday. The business’s 50-day simple moving average is $8.82 and its 200 day simple moving average is $10.00. The company has a market cap of $37.03 million, a PE ratio of 10.61 and a beta of 0.95. United-Guardian has a twelve month low of $7.73 and a twelve month high of $16.25.

United-Guardian (NASDAQ:UG) last released its quarterly earnings data on Thursday, May 8th. The company reported $0.12 earnings per share (EPS) for the quarter. The business had revenue of $2.48 million for the quarter. United-Guardian had a return on equity of 30.25% and a net margin of 28.30%.

Institutional Trading of United-Guardian

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Heron Bay Capital Management acquired a new stake in United-Guardian during the fourth quarter valued at approximately $135,000. United Capital Financial Advisors LLC acquired a new stake in United-Guardian in the 4th quarter valued at $192,000. Northern Trust Corp boosted its stake in United-Guardian by 69.5% in the 4th quarter. Northern Trust Corp now owns 25,527 shares of the company’s stock valued at $244,000 after buying an additional 10,466 shares in the last quarter. Geode Capital Management LLC grew its position in United-Guardian by 8.3% in the third quarter. Geode Capital Management LLC now owns 28,335 shares of the company’s stock valued at $450,000 after acquiring an additional 2,170 shares during the period. Finally, Renaissance Technologies LLC raised its stake in United-Guardian by 4.3% during the fourth quarter. Renaissance Technologies LLC now owns 190,163 shares of the company’s stock worth $1,818,000 after acquiring an additional 7,800 shares in the last quarter. Institutional investors own 23.16% of the company’s stock.

About United-Guardian

United-Guardian, Inc manufactures and markets cosmetic ingredients, pharmaceuticals, medical lubricants, and proprietary specialty industrial products in the United States and internationally The company offers cosmetic ingredients, including LUBRAJEL, a line of water-based gel formulation for sensory enhancement, lubrication, and texture to personal care products; LUBRAJEL NATURAL for skin moisturizing; LUBRAJEL MARINE that develops natural products using naturally derived polymers; LUBRAJEL OlL NATURAL, which makes luxuriant textures without adding viscosity; LUBRAJEL TERRA, a multifunctional, moisturizing hydrogel products; LUBRASIL II SB, a formulation of LUBRAJEL; LUBRAJEL II XD; B-122, a powdered lubricant used in the manufacture of pressed powders, eyeliners, rouges, and industrial products; and ORCHID COMPLEX, an oil-soluble base for extract of fresh orchids used in fragrance products, such as perfumes and toiletries.