United-Guardian (NASDAQ:UG) Shares Cross Below 50 Day Moving Average – Should You Sell?

United-Guardian, Inc. (NASDAQ:UG) passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $6.64 and traded as low as $6.18. United-Guardian shares last traded at $6.2330, with a volume of 3,697 shares traded.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of United-Guardian in a report on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has an average rating of “Sell”.

United-Guardian Trading Up 0.2%

The stock has a market cap of $28.61 million, a price-to-earnings ratio of 14.50 and a beta of 1.01. The firm has a fifty day simple moving average of $6.64 and a 200-day simple moving average of $6.74.

United-Guardian Announces Dividend

The company also recently declared a dividend, which was paid on Tuesday, February 17th. Stockholders of record on Monday, February 9th were paid a dividend of $0.25 per share. This represents a dividend yield of 713.0%. The ex-dividend date of this dividend was Monday, February 9th. United-Guardian’s dividend payout ratio is 116.28%.

Institutional Trading of United-Guardian

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Gamco Investors INC. ET AL lifted its position in United-Guardian by 1.3% during the 2nd quarter. Gamco Investors INC. ET AL now owns 159,500 shares of the company’s stock valued at $1,276,000 after purchasing an additional 2,000 shares during the period. Teton Advisors LLC bought a new position in shares of United-Guardian in the 3rd quarter valued at about $424,000. Renaissance Technologies LLC grew its position in shares of United-Guardian by 1.0% during the 4th quarter. Renaissance Technologies LLC now owns 186,645 shares of the company’s stock worth $1,150,000 after buying an additional 1,882 shares during the period. Geode Capital Management LLC grew its position in shares of United-Guardian by 8.2% during 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. Finally, Hikari Tsushin Inc. bought a new stake in shares of United-Guardian during the third quarter worth approximately $75,000. 23.16% of the stock is currently owned by institutional investors and hedge funds.

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.