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

StockNews.com initiated coverage on shares of United-Guardian (NASDAQ:UG) in a research note released on Saturday. The firm issued a buy rating on the stock.

United-Guardian Stock Down 3.1 %

NASDAQ:UG opened at $10.85 on Friday. United-Guardian has a 52 week low of $7.02 and a 52 week high of $16.25. The stock’s 50-day moving average price is $10.25 and its 200-day moving average price is $11.88. The stock has a market capitalization of $49.84 million, a PE ratio of 14.28 and a beta of 0.76.

United-Guardian (NASDAQ:UG) last posted its quarterly earnings data on Friday, November 8th. The company reported $0.19 EPS for the quarter. The firm had revenue of $3.06 million during the quarter. United-Guardian had a return on equity of 30.25% and a net margin of 28.30%.

United-Guardian Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, February 18th. Stockholders of record on Monday, February 10th will be given a dividend of $0.35 per share. The ex-dividend date is Monday, February 10th. This represents a $1.40 annualized dividend and a dividend yield of 12.90%. United-Guardian’s dividend payout ratio is currently 92.11%.

Hedge Funds Weigh In On United-Guardian

A hedge fund recently bought a new stake in United-Guardian stock. Essex Investment Management Co. LLC acquired a new stake in United-Guardian, Inc. (NASDAQ:UG) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 7,925 shares of the company’s stock, valued at approximately $126,000. Essex Investment Management Co. LLC owned approximately 0.17% of United-Guardian at the end of the most recent reporting period. 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.