United-Guardian’s (UG) Hold (C) Rating Reiterated at Weiss Ratings

Weiss Ratings reaffirmed their hold (c) rating on shares of United-Guardian (NASDAQ:UG) in a report issued on Wednesday morning,Weiss Ratings reports.

United-Guardian Price Performance

United-Guardian stock opened at $7.44 on Wednesday. United-Guardian has a one year low of $7.42 and a one year high of $14.88. The business has a fifty day moving average price of $8.01 and a 200-day moving average price of $8.25. The firm has a market capitalization of $34.15 million, a P/E ratio of 13.29 and a beta of 0.98.

United-Guardian (NASDAQ:UG) last posted its quarterly earnings results on Friday, August 8th. The company reported $0.14 EPS for the quarter. United-Guardian had a return on equity of 22.45% and a net margin of 23.56%.The firm had revenue of $2.84 million during the quarter.

United-Guardian Cuts Dividend

The firm also recently announced a special dividend, which was paid on Friday, August 1st. Shareholders of record on Friday, July 25th were paid a $0.25 dividend. This represents a yield of 540.0%. The ex-dividend date was Friday, July 25th. United-Guardian’s dividend payout ratio is currently 89.29%.

Institutional Trading of United-Guardian

A hedge fund recently raised its stake in United-Guardian stock. Gamco Investors INC. ET AL raised its holdings in United-Guardian, Inc. (NASDAQ:UG) by 1.3% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 159,500 shares of the company’s stock after acquiring an additional 2,000 shares during the period. Gamco Investors INC. ET AL owned approximately 3.47% of United-Guardian worth $1,276,000 at the end of the most recent reporting 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.