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

StockNews.com assumed coverage on shares of United-Guardian (NASDAQ:UG) in a research note issued to investors on Sunday. The brokerage issued a buy rating on the stock.

United-Guardian Stock Up 0.4 %

Shares of NASDAQ UG opened at $8.24 on Friday. United-Guardian has a twelve month low of $5.79 and a twelve month high of $10.23. The company has a market cap of $37.82 million, a PE ratio of 14.71 and a beta of 0.73. The business’s 50 day moving average price is $7.95 and its two-hundred day moving average price is $7.75.

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

Hedge Funds Weigh In On United-Guardian

An institutional investor recently raised its position in United-Guardian stock. Gamco Investors INC. ET AL boosted its holdings in United-Guardian, Inc. (NASDAQ:UG) by 4.7% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor 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 approximately 3.37% of United-Guardian worth $1,163,000 as of its most recent filing with the Securities and Exchange Commission. Hedge funds and other institutional investors own 23.16% of the company’s stock.

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.