United-Guardian (NASDAQ:UG) Coverage Initiated by Analysts at StockNews.com

Analysts at StockNews.com started coverage on shares of United-Guardian (NASDAQ:UG) in a research note issued to investors on Thursday. The firm set a “buy” rating on the stock.

United-Guardian Trading Down 1.7 %

NASDAQ:UG opened at $10.69 on Thursday. United-Guardian has a 1 year low of $7.02 and a 1 year high of $16.25. The firm has a 50 day moving average of $9.94 and a 200-day moving average of $11.86.

United-Guardian (NASDAQ:UG) last announced its earnings results on Friday, November 8th. The company reported $0.19 earnings per share for the quarter. The company had revenue of $3.06 million during the quarter. United-Guardian had a return on equity of 30.25% and a net margin of 28.30%.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. Renaissance Technologies LLC increased its stake in United-Guardian by 1.1% during the 2nd quarter. Renaissance Technologies LLC now owns 187,563 shares of the company’s stock worth $1,677,000 after purchasing an additional 2,100 shares in the last quarter. Essex Investment Management Co. LLC acquired a new position in shares of United-Guardian in the third quarter valued at approximately $126,000. Finally, Geode Capital Management LLC increased its position in shares of United-Guardian by 8.3% during the third quarter. Geode Capital Management LLC now owns 28,335 shares of the company’s stock worth $450,000 after acquiring an additional 2,170 shares in the last quarter. Institutional investors and hedge funds own 23.16% of the company’s stock.

United-Guardian Company Profile

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.