StockNews.com Begins Coverage on United-Guardian (NASDAQ:UG)

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

United-Guardian Trading Down 5.3 %

Shares of UG opened at $7.90 on Tuesday. The company has a market capitalization of $36.29 million, a PE ratio of 10.39 and a beta of 0.85. United-Guardian has a 12 month low of $7.73 and a 12 month high of $16.25. The stock’s 50-day moving average price is $9.24 and its two-hundred day moving average price is $10.31.

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

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in UG. Geode Capital Management LLC lifted its stake in United-Guardian by 8.3% during the 3rd quarter. Geode Capital Management LLC now owns 28,335 shares of the company’s stock valued at $450,000 after acquiring an additional 2,170 shares in the last quarter. Heron Bay Capital Management bought a new stake in United-Guardian in the 4th quarter valued at about $135,000. Renaissance Technologies LLC raised its stake in United-Guardian by 4.3% in the 4th quarter. Renaissance Technologies LLC now owns 190,163 shares of the company’s stock valued at $1,818,000 after acquiring an additional 7,800 shares during the period. United Capital Financial Advisors LLC purchased a new position in United-Guardian during the 4th quarter valued at about $192,000. Finally, Northern Trust Corp grew its holdings in United-Guardian by 69.5% during the 4th quarter. Northern Trust Corp now owns 25,527 shares of the company’s stock valued at $244,000 after buying an additional 10,466 shares in the last quarter. 23.16% of the stock is owned by institutional investors and hedge funds.

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.