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

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

United-Guardian Stock Down 3.0 %

UG stock opened at $9.61 on Thursday. The company’s 50-day simple moving average is $10.48 and its 200-day simple moving average is $11.46. United-Guardian has a 52-week low of $7.02 and a 52-week high of $16.25. The firm has a market cap of $44.15 million, a P/E ratio of 12.64 and a beta of 0.73.

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

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Heron Bay Capital Management acquired a new position in shares of United-Guardian during the 4th quarter worth about $135,000. United Capital Financial Advisors LLC acquired a new position in shares of United-Guardian during the 4th quarter worth about $192,000. Northern Trust Corp raised its position in shares of United-Guardian by 69.5% during the 4th quarter. Northern Trust Corp now owns 25,527 shares of the company’s stock worth $244,000 after purchasing an additional 10,466 shares during the last quarter. Geode Capital Management LLC raised its position in shares of United-Guardian by 10.3% during the 4th quarter. Geode Capital Management LLC now owns 31,264 shares of the company’s stock worth $302,000 after purchasing an additional 2,929 shares during the last quarter. Finally, Renaissance Technologies LLC raised its position in shares of United-Guardian by 4.3% during the 4th quarter. Renaissance Technologies LLC now owns 190,163 shares of the company’s stock worth $1,818,000 after purchasing an additional 7,800 shares during the last quarter. Institutional investors and hedge funds 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.