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

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

United-Guardian Stock Performance

Shares of UG stock opened at $8.09 on Thursday. The stock has a fifty day moving average of $8.67 and a two-hundred day moving average of $9.86. The firm has a market capitalization of $37.17 million, a PE ratio of 10.64 and a beta of 0.95. United-Guardian has a 1 year low of $7.73 and a 1 year high of $16.25.

United-Guardian (NASDAQ:UG) last announced its earnings results on Thursday, May 8th. The company reported $0.12 earnings per share for the quarter. The business 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 Investors Weigh In On United-Guardian

Large investors have recently made changes to their positions in the company. Renaissance Technologies LLC increased its holdings 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 purchasing an additional 7,800 shares during the period. Geode Capital Management LLC grew its position in shares of United-Guardian by 10.3% in the fourth quarter. Geode Capital Management LLC now owns 31,264 shares of the company’s stock valued at $302,000 after purchasing an additional 2,929 shares during the last quarter. Heron Bay Capital Management bought a new stake in shares of United-Guardian in the fourth quarter valued at approximately $135,000. United Capital Financial Advisors LLC acquired a new position in shares of United-Guardian during the fourth quarter valued at about $192,000. Finally, Northern Trust Corp lifted its position in 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 during the period. 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.