United-Guardian (NASDAQ:UG) Research Coverage Started at StockNews.com

by · The Cerbat Gem

StockNews.com started coverage on shares of United-Guardian (NASDAQ:UG – Free Report) in a research report sent to investors on Monday morning. The firm issued a buy rating on the stock.

United-Guardian Price Performance

Shares of NASDAQ:UG opened at $8.66 on Monday. The company has a 50 day moving average of $9.34 and a 200-day moving average of $10.41. United-Guardian has a one year low of $7.73 and a one year high of $16.25. The stock has a market cap of $39.79 million, a price-to-earnings ratio of 11.40 and a beta of 0.85.

United-Guardian (NASDAQ:UG – Get Free Report) last issued its earnings results on Friday, March 21st. The company reported $0.11 EPS for the quarter. The company had revenue of $2.48 million during the quarter. United-Guardian had a net margin of 28.30% and a return on equity of 30.25%.

United-Guardian Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, February 18th. Investors of record on Monday, February 10th were given a $0.35 dividend. The ex-dividend date of this dividend was Monday, February 10th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 16.16%. United-Guardian’s dividend payout ratio is 98.59%.

Institutional Trading of United-Guardian

Several hedge funds have recently added to or reduced their stakes in the business. United Capital Financial Advisors LLC bought a new stake in shares of United-Guardian during the fourth quarter worth $192,000. Heron Bay Capital Management bought a new position in shares of United-Guardian during the fourth quarter worth about $135,000. Northern Trust Corp raised its position 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 during the last quarter. Renaissance Technologies LLC lifted its stake in United-Guardian by 4.3% in the 4th quarter. Renaissance Technologies LLC now owns 190,163 shares of the company’s stock valued at $1,818,000 after acquiring an additional 7,800 shares in the last quarter. Finally, Geode Capital Management LLC boosted its position in United-Guardian by 10.3% during the 4th quarter. Geode Capital Management LLC now owns 31,264 shares of the company’s stock worth $302,000 after acquiring an additional 2,929 shares during the last quarter. Institutional investors and hedge funds own 23.16% of the company’s stock.

United-Guardian Company Profile

(Get Free Report)

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.

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