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

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

United-Guardian Trading Up 2.7%

United-Guardian stock opened at $8.41 on Thursday. The firm has a market cap of $38.64 million, a price-to-earnings ratio of 11.07 and a beta of 0.95. United-Guardian has a 12 month low of $7.73 and a 12 month high of $16.25. The stock has a fifty day simple moving average of $8.61 and a two-hundred day simple moving average of $9.76.

United-Guardian (NASDAQ:UG) last issued its quarterly earnings results on Thursday, May 8th. The company reported $0.12 earnings per share (EPS) for the quarter. United-Guardian had a return on equity of 30.25% and a net margin of 28.30%. The firm had revenue of $2.48 million during the quarter.

Institutional Investors Weigh In On United-Guardian

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Geode Capital Management LLC grew its stake in United-Guardian by 10.3% in the 4th quarter. Geode Capital Management LLC now owns 31,264 shares of the company’s stock worth $302,000 after acquiring an additional 2,929 shares in the last quarter. Renaissance Technologies LLC raised 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 in the last quarter. Northern Trust Corp lifted 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 worth $244,000 after purchasing an additional 10,466 shares during the period. Heron Bay Capital Management purchased a new position in United-Guardian during the fourth quarter valued at approximately $135,000. Finally, United Capital Financial Advisors LLC purchased a new stake in United-Guardian during the fourth quarter worth $192,000. 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.