United-Guardian (NASDAQ:UG) Announces Earnings Results

United-Guardian (NASDAQ:UG) posted its quarterly earnings results on Friday. The company reported $0.18 earnings per share (EPS) for the quarter, FiscalAI reports. The company had revenue of $2.87 million for the quarter. United-Guardian had a return on equity of 19.10% and a net margin of 19.97%.

United-Guardian Trading Down 0.9%

Shares of NASDAQ:UG opened at $6.94 on Friday. United-Guardian has a 52 week low of $5.58 and a 52 week high of $9.88. The company’s 50 day moving average is $6.63 and its two-hundred day moving average is $6.52. The company has a market cap of $31.84 million, a PE ratio of 15.08 and a beta of 0.97.

Institutional Investors Weigh In On United-Guardian

Large investors have recently modified their holdings of the company. Hikari Tsushin Inc. purchased a new stake in shares of United-Guardian in the 3rd quarter valued at approximately $75,000. Geode Capital Management LLC increased its position in shares of United-Guardian by 8.2% in the 4th quarter. Geode Capital Management LLC now owns 35,560 shares of the company’s stock valued at $219,000 after purchasing an additional 2,691 shares during the last quarter. Teton Advisors LLC purchased a new stake in shares of United-Guardian in the 3rd quarter valued at approximately $424,000. Gamco Investors INC. ET AL increased its position in shares of United-Guardian by 1.9% in the 4th quarter. Gamco Investors INC. ET AL now owns 162,500 shares of the company’s stock valued at $1,001,000 after purchasing an additional 3,000 shares during the last quarter. Finally, Renaissance Technologies LLC grew its position in shares of United-Guardian by 1.0% in the 4th quarter. Renaissance Technologies LLC now owns 186,645 shares of the company’s stock valued at $1,150,000 after buying an additional 1,882 shares during the last quarter. 23.16% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

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

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.