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

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

United-Guardian Trading Down 0.6 %

Shares of UG opened at $8.88 on Friday. The stock has a 50 day moving average of $10.15 and a 200 day moving average of $11.11. The company has a market capitalization of $40.79 million, a price-to-earnings ratio of 11.68 and a beta of 0.85. United-Guardian has a 12 month low of $7.35 and a 12 month high of $16.25.

United-Guardian (NASDAQ:UG) last announced its quarterly earnings data on Friday, March 21st. The company reported $0.11 earnings per share (EPS) for the quarter. The firm had revenue of $2.48 million during the quarter. United-Guardian had a return on equity of 30.25% and a net margin of 28.30%.

Institutional Trading of United-Guardian

Hedge funds have recently made changes to their positions in the company. Geode Capital Management LLC increased its holdings in United-Guardian by 8.3% in the 3rd 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 during the last quarter. Heron Bay Capital Management bought a new position in United-Guardian during the fourth quarter worth about $135,000. Northern Trust Corp increased its stake in shares of United-Guardian by 69.5% in the fourth quarter. Northern Trust Corp now owns 25,527 shares of the company’s stock worth $244,000 after purchasing an additional 10,466 shares in the last quarter. Renaissance Technologies LLC raised its position in shares of United-Guardian by 4.3% in the fourth quarter. Renaissance Technologies LLC now owns 190,163 shares of the company’s stock valued at $1,818,000 after purchasing an additional 7,800 shares during the period. Finally, United Capital Financial Advisors LLC purchased a new stake in shares of United-Guardian during the 4th quarter valued at approximately $192,000. 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.