United-Guardian, Inc. (NASDAQ:UG – Get Free Report) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $7.24 and traded as high as $7.28. United-Guardian shares last traded at $7.15, with a volume of 4,318 shares traded.
Wall Street Analyst Weigh In
Separately, Weiss Ratings raised shares of United-Guardian from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, July 21st. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company currently has a consensus rating of “Hold”.
Read Our Latest Analysis on UG
United-Guardian Stock Performance
United-Guardian (NASDAQ:UG – Get Free Report) last issued its quarterly earnings data on Friday, August 7th. The company reported $0.16 earnings per share (EPS) for the quarter. The business had revenue of $3.11 million during the quarter. United-Guardian had a return on equity of 22.24% and a net margin of 22.01%.
United-Guardian Announces Dividend
The firm also recently declared a dividend, which was paid on Tuesday, August 4th. Shareholders of record on Tuesday, July 28th were issued a $0.30 dividend. This represents a yield of 819.0%. The ex-dividend date of this dividend was Tuesday, July 28th. United-Guardian’s dividend payout ratio is presently 111.11%.
Institutional Investors Weigh In On United-Guardian
A number of institutional investors and hedge funds have recently modified their holdings of UG. Renaissance Technologies LLC lifted its stake in United-Guardian by 1.0% during the fourth quarter. Renaissance Technologies LLC now owns 186,645 shares of the company’s stock valued at $1,150,000 after buying an additional 1,882 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of United-Guardian by 8.2% during the 4th quarter. Geode Capital Management LLC now owns 35,560 shares of the company’s stock valued at $219,000 after buying an additional 2,691 shares during the period. BlackRock Inc. acquired a new stake in United-Guardian during the second quarter valued at $105,000. Finally, Gamco Investors INC. ET AL lifted its holdings in shares of United-Guardian by 1.2% during the 1st quarter. Gamco Investors INC. ET AL now owns 164,388 shares of the company’s stock valued at $1,101,000 after buying an additional 1,888 shares during the last quarter. Institutional investors and hedge funds own 23.16% of the company’s stock.
United-Guardian Company Profile
United-Guardian, Inc, headquartered in Hauppauge, New York, develops and supplies specialty ingredients and finished products for the personal care, cosmetic and esthetic markets. Its Specialty Ingredients segment offers antimicrobial preservatives, conditioning polymers, emulsifiers, UV filters and other functional actives that are incorporated into lotions, creams, shampoos and professional esthetic formulations.
The company’s Finished Products segment markets a range of skin and hair care items under the Guardian brand, providing private-label and contract manufacturing services to spas, salons and dermatology clinics.
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