United-Guardian (NASDAQ:UG) Now Covered by StockNews.com

Equities research analysts at StockNews.com initiated coverage on shares of United-Guardian (NASDAQ:UG) in a report released on Tuesday. The firm set a “buy” rating on the stock.

United-Guardian Stock Down 2.6 %

Shares of UG stock opened at $10.10 on Tuesday. The firm has a market capitalization of $46.40 million, a P/E ratio of 13.29 and a beta of 0.76. United-Guardian has a twelve month low of $7.02 and a twelve month high of $16.25. The stock’s fifty day simple moving average is $10.46 and its 200 day simple moving average is $11.81.

Institutional Investors Weigh In On United-Guardian

Institutional investors have recently made changes to their positions in the stock. Geode Capital Management LLC grew its position in shares of United-Guardian by 8.3% in the 3rd quarter. Geode Capital Management LLC now owns 28,335 shares of the company’s stock valued at $450,000 after buying an additional 2,170 shares during the last quarter. Northern Trust Corp grew its position in shares of 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 grew its position in shares of 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 buying an additional 7,800 shares during the last quarter. United Capital Financial Advisors LLC bought a new stake in shares of United-Guardian in the 4th quarter valued at about $192,000. Finally, Heron Bay Capital Management bought a new stake in shares of United-Guardian in the 4th quarter valued at about $135,000. 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.