United-Guardian (NASDAQ:UG) Now Covered by StockNews.com

StockNews.com assumed coverage on shares of United-Guardian (NASDAQ:UG) in a report published on Friday. The brokerage issued a buy rating on the stock.

United-Guardian Trading Up 1.7 %

Shares of NASDAQ:UG opened at $11.53 on Friday. The stock has a 50 day moving average of $10.10 and a 200 day moving average of $11.89. The company has a market cap of $52.92 million, a PE ratio of 15.17 and a beta of 0.75. United-Guardian has a 12-month low of $7.02 and a 12-month high of $16.25.

United-Guardian (NASDAQ:UG) last posted its quarterly earnings results on Friday, November 8th. The company reported $0.19 earnings per share for the quarter. The business had revenue of $3.06 million during the quarter. United-Guardian had a net margin of 28.30% and a return on equity of 30.25%.

United-Guardian Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 18th. Stockholders of record on Monday, February 10th will be given a $0.35 dividend. The ex-dividend date is Monday, February 10th. This represents a $1.40 annualized dividend and a dividend yield of 12.14%. United-Guardian’s payout ratio is 92.11%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Renaissance Technologies LLC grew its position in shares of United-Guardian by 1.1% during the second quarter. Renaissance Technologies LLC now owns 187,563 shares of the company’s stock valued at $1,677,000 after purchasing an additional 2,100 shares in the last quarter. Geode Capital Management LLC boosted its stake in United-Guardian by 8.3% during the third quarter. Geode Capital Management LLC now owns 28,335 shares of the company’s stock valued at $450,000 after buying an additional 2,170 shares during the last quarter. Finally, Essex Investment Management Co. LLC purchased a new position in United-Guardian during the 3rd quarter valued at approximately $126,000. 23.16% of the stock is currently owned by institutional investors.

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.