United-Guardian (NASDAQ:UG) Share Price Crosses Below Two Hundred Day Moving Average – Here’s What Happened

United-Guardian, Inc. (NASDAQ:UG)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $6.67 and traded as low as $6.50. United-Guardian shares last traded at $6.6050, with a volume of 2,376 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of United-Guardian in a research note on Friday, March 27th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has an average rating of “Sell”.

United-Guardian Price Performance

The firm has a fifty day simple moving average of $6.64 and a 200-day simple moving average of $6.66. The firm has a market cap of $30.34 million, a P/E ratio of 14.36 and a beta of 0.97.

United-Guardian (NASDAQ:UG) last issued its quarterly earnings results on Friday, March 27th. The company reported $0.14 earnings per share (EPS) for the quarter. United-Guardian had a return on equity of 19.10% and a net margin of 19.97%.The firm had revenue of $2.96 million during the quarter.

United-Guardian Announces Dividend

The firm also recently declared a dividend, which was paid on Tuesday, February 17th. Shareholders of record on Monday, February 9th were paid a $0.25 dividend. The ex-dividend date of this dividend was Monday, February 9th. This represents a yield of 713.0%. United-Guardian’s payout ratio is currently 108.70%.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of UG. Hikari Tsushin Inc. purchased a new position in shares of United-Guardian in the third quarter valued at about $75,000. Geode Capital Management LLC lifted its holdings in United-Guardian by 8.2% in the 4th quarter. Geode Capital Management LLC now owns 35,560 shares of the company’s stock worth $219,000 after buying an additional 2,691 shares during the period. Teton Advisors LLC bought a new stake in shares of United-Guardian in the 3rd quarter worth approximately $424,000. Gamco Investors INC. ET AL increased its stake in shares of United-Guardian by 1.9% during the fourth quarter. Gamco Investors INC. ET AL now owns 162,500 shares of the company’s stock valued at $1,001,000 after buying an additional 3,000 shares during the period. Finally, Renaissance Technologies LLC lifted its stake in United-Guardian by 1.0% in the fourth quarter. Renaissance Technologies LLC now owns 186,645 shares of the company’s stock worth $1,150,000 after acquiring an additional 1,882 shares during the period. Hedge funds and other institutional investors own 23.16% of the company’s stock.

United-Guardian Company Profile

United-Guardian, Inc, headquartered in Hauppauge, New York, develops and supplies specialty ingredients and finished products for the personal care, cosmetic and esthetic markets. Its Specialty Ingredients segment offers antimicrobial preservatives, conditioning polymers, emulsifiers, UV filters and other functional actives that are incorporated into lotions, creams, shampoos and professional esthetic formulations.

The company’s Finished Products segment markets a range of skin and hair care items under the Guardian brand, providing private-label and contract manufacturing services to spas, salons and dermatology clinics.