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

StockNews.com started coverage on shares of United-Guardian (NASDAQ:UG) in a report issued on Monday. The brokerage set a “buy” rating on the stock.

United-Guardian Trading Up 0.4 %

Shares of United-Guardian stock opened at $8.13 on Monday. The firm’s 50 day simple moving average is $7.95 and its two-hundred day simple moving average is $7.78. The firm has a market capitalization of $37.32 million, a price-to-earnings ratio of 14.52 and a beta of 0.69. United-Guardian has a 12-month low of $5.79 and a 12-month high of $10.23.

United-Guardian (NASDAQ:UG) last released its quarterly earnings data on Friday, March 22nd. The company reported $0.16 EPS for the quarter. The business had revenue of $2.61 million for the quarter. United-Guardian had a net margin of 23.71% and a return on equity of 24.26%.

Hedge Funds Weigh In On United-Guardian

An institutional investor recently raised its position in United-Guardian stock. Gamco Investors INC. ET AL grew its holdings in United-Guardian, Inc. (NASDAQ:UG) by 4.7% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 154,500 shares of the company’s stock after buying an additional 7,000 shares during the period. Gamco Investors INC. ET AL owned 3.37% of United-Guardian worth $1,163,000 as of its most recent filing with the Securities & Exchange Commission. 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.