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

StockNews.com initiated coverage on shares of United-Guardian (NASDAQ:UG) in a note issued to investors on Saturday. The brokerage set a “buy” rating on the stock.

United-Guardian Stock Up 0.9 %

Shares of United-Guardian stock opened at $11.20 on Friday. United-Guardian has a fifty-two week low of $7.02 and a fifty-two week high of $16.25. The business’s fifty day moving average is $10.22 and its two-hundred day moving average is $11.88. The firm has a market cap of $51.45 million, a PE ratio of 14.74 and a beta of 0.76.

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

Institutional Trading of United-Guardian

A hedge fund recently raised its stake in United-Guardian stock. Geode Capital Management LLC lifted its position in United-Guardian, Inc. (NASDAQ:UG) by 8.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 28,335 shares of the company’s stock after acquiring an additional 2,170 shares during the quarter. Geode Capital Management LLC’s holdings in United-Guardian were worth $450,000 as of its most recent SEC filing. 23.16% of the stock is currently owned by institutional investors.

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.