United-Guardian (NASDAQ:UG) Earns Buy Rating from Analysts at StockNews.com

Analysts at StockNews.com began coverage on shares of United-Guardian (NASDAQ:UG) in a research note issued on Friday. The brokerage set a “buy” rating on the stock.

United-Guardian Price Performance

Shares of UG opened at $9.20 on Friday. The firm’s 50 day moving average is $10.35 and its 200-day moving average is $11.33. United-Guardian has a 12-month low of $7.35 and a 12-month high of $16.25. The stock has a market capitalization of $42.26 million, a P/E ratio of 12.11 and a beta of 0.73.

United-Guardian (NASDAQ:UG) last posted its quarterly earnings results on Friday, March 21st. The company reported $0.11 earnings per share (EPS) for the quarter. The firm had revenue of $2.48 million for the quarter. United-Guardian had a net margin of 28.30% and a return on equity of 30.25%.

Institutional Trading of United-Guardian

A number of hedge funds have recently bought and sold shares of the company. Heron Bay Capital Management purchased a new stake in shares of United-Guardian in the fourth quarter valued at $135,000. United Capital Financial Advisors LLC acquired a new position in United-Guardian during the fourth quarter valued at $192,000. Northern Trust Corp lifted its stake in 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 acquiring an additional 10,466 shares in the last quarter. Geode Capital Management LLC boosted its position in United-Guardian by 10.3% during 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 during the period. Finally, Renaissance Technologies LLC boosted its position in United-Guardian by 4.3% during the 4th quarter. Renaissance Technologies LLC now owns 190,163 shares of the company’s stock worth $1,818,000 after acquiring an additional 7,800 shares during the period. 23.16% of the stock is owned by hedge funds and other institutional investors.

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.