United-Guardian (NASDAQ:UG) Research Coverage Started at StockNews.com

StockNews.com initiated coverage on shares of United-Guardian (NASDAQ:UG) in a research report released on Friday. The firm issued a buy rating on the stock.

United-Guardian Trading Up 1.2 %

Shares of NASDAQ:UG opened at $11.08 on Friday. United-Guardian has a 1 year low of $5.79 and a 1 year high of $12.50. The firm has a fifty day moving average price of $9.83 and a 200 day moving average price of $8.73.

United-Guardian (NASDAQ:UG) last released its quarterly earnings results on Friday, May 10th. The company reported $0.20 earnings per share (EPS) for the quarter. United-Guardian had a net margin of 23.77% and a return on equity of 25.18%. The company had revenue of $3.26 million during the quarter.

United-Guardian Increases Dividend

The business also recently disclosed a Semi-Annual dividend, which was paid on Wednesday, July 31st. Stockholders of record on Tuesday, July 23rd were given a dividend of $0.35 per share. The ex-dividend date of this dividend was Tuesday, July 23rd. This represents a dividend yield of 6.1%. This is a positive change from United-Guardian’s previous Semi-Annual dividend of $0.10. United-Guardian’s dividend payout ratio is currently 116.67%.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in United-Guardian stock. Rodgers Brothers Inc. raised its position in shares of United-Guardian, Inc. (NASDAQ:UG) by 5.0% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 100,100 shares of the company’s stock after buying an additional 4,750 shares during the period. Rodgers Brothers Inc. owned about 2.18% of United-Guardian worth $766,000 as of its most recent filing with the Securities and Exchange Commission. 23.16% of the stock is currently 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.