United-Guardian (NASDAQ:UG) Share Price Crosses Below 50-Day Moving Average – Time to Sell?

United-Guardian, Inc. (NASDAQ:UG) shares passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $8.24 and traded as low as $8.15. United-Guardian shares last traded at $8.20, with a volume of 2,968 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen initiated coverage on United-Guardian in a research note on Thursday, May 15th. They issued a “buy” rating on the stock.

United-Guardian Trading Down 1.3%

The stock has a 50 day simple moving average of $8.24 and a 200-day simple moving average of $9.43. The firm has a market cap of $37.67 million, a P/E ratio of 10.79 and a beta of 0.93.

United-Guardian (NASDAQ:UG) last released its quarterly earnings data 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 business had revenue of $2.48 million for the quarter.

Hedge Funds Weigh In On United-Guardian

Institutional investors and hedge funds have recently modified their holdings of the stock. Northern Trust Corp boosted its holdings 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. Renaissance Technologies LLC boosted 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 worth $1,818,000 after purchasing an additional 7,800 shares during the period. Heron Bay Capital Management purchased a new position in shares of United-Guardian in the 4th quarter worth approximately $135,000. Geode Capital Management LLC boosted its holdings in shares of 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 purchasing an additional 2,929 shares during the period. Finally, United Capital Financial Advisors LLC purchased a new position in shares of United-Guardian in the 4th quarter worth approximately $192,000. Hedge funds and other institutional investors own 23.16% of the company’s stock.

United-Guardian Company Profile

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.