United-Guardian (NASDAQ:UG) Shares Pass Above Fifty Day Moving Average – What’s Next?

United-Guardian, Inc. (NASDAQ:UG) shares crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $6.94 and traded as high as $7.14. United-Guardian shares last traded at $7.04, with a volume of 8,993 shares.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised United-Guardian from a “sell (d)” rating to a “hold (c-)” rating in a report on Friday, April 10th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, United-Guardian presently has a consensus rating of “Hold”.

United-Guardian Price Performance

The firm has a market capitalization of $32.31 million, a PE ratio of 13.54 and a beta of 0.96. The business’s 50-day moving average price is $6.94 and its 200-day moving average price is $6.61.

United-Guardian (NASDAQ:UG) last announced its earnings results on Friday, May 8th. The company reported $0.18 EPS for the quarter. United-Guardian had a net margin of 21.62% and a return on equity of 21.40%. The business had revenue of $2.87 million for the quarter.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Hikari Tsushin Inc. acquired a new position in United-Guardian in the third quarter valued at $75,000. Geode Capital Management LLC boosted its stake in shares of United-Guardian by 8.2% during the fourth quarter. Geode Capital Management LLC now owns 35,560 shares of the company’s stock worth $219,000 after buying an additional 2,691 shares during the period. Teton Advisors LLC acquired a new stake in shares of United-Guardian during the third quarter worth about $424,000. Gamco Investors INC. ET AL grew its holdings in shares of United-Guardian by 1.9% during the fourth quarter. Gamco Investors INC. ET AL now owns 162,500 shares of the company’s stock worth $1,001,000 after buying an additional 3,000 shares during the last quarter. Finally, Renaissance Technologies LLC grew its holdings in shares of United-Guardian by 1.0% during the fourth quarter. Renaissance Technologies LLC now owns 186,645 shares of the company’s stock worth $1,150,000 after buying an additional 1,882 shares during the last quarter. 23.16% of the stock is currently owned by institutional investors and hedge funds.

United-Guardian Company Profile

United-Guardian, Inc, headquartered in Hauppauge, New York, develops and supplies specialty ingredients and finished products for the personal care, cosmetic and esthetic markets. Its Specialty Ingredients segment offers antimicrobial preservatives, conditioning polymers, emulsifiers, UV filters and other functional actives that are incorporated into lotions, creams, shampoos and professional esthetic formulations.

The company’s Finished Products segment markets a range of skin and hair care items under the Guardian brand, providing private-label and contract manufacturing services to spas, salons and dermatology clinics.