United-Guardian (NASDAQ:UG) Stock Crosses Above Two Hundred Day Moving Average – Here’s Why

United-Guardian, Inc. (NASDAQ:UG)’s stock price crossed above its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $6.97 and traded as high as $8.85. United-Guardian shares last traded at $8.85, with a volume of 86,308 shares traded.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of United-Guardian in a research report on Monday, October 19th. One analyst has rated the stock with a Hold rating. According to data from MarketBeat, the stock presently has an average rating of “Hold”.

United-Guardian Price Performance

The company has a market cap of $39.43 million, a P/E ratio of 13.47 and a beta of 0.99. The stock has a 50-day moving average of $7.12 and a 200 day moving average of $6.99.

United-Guardian (NASDAQ:UG) last posted its quarterly earnings data on Monday, November 9th. The company reported $0.20 earnings per share for the quarter. The business had revenue of $3.49 million during the quarter. United-Guardian had a net margin of 25.16% and a return on equity of 27.80%.

Institutional Trading of United-Guardian

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Gamco Investors INC. ET AL boosted its position in shares of United-Guardian by 1.2% during the 1st quarter. Gamco Investors INC. ET AL now owns 164,388 shares of the company’s stock worth $1,101,000 after acquiring an additional 1,888 shares in the last quarter. BlackRock Inc. acquired a new position in United-Guardian during the second quarter valued at approximately $105,000. Finally, United Capital Financial Advisors LLC acquired a new position in United-Guardian during the second quarter valued at approximately $143,000. Institutional investors own 23.16% of the company’s stock.

About United-Guardian

United-Guardian, Inc. is a specialty chemicals company that develops, manufactures and markets products for the personal care, pharmaceutical and industrial markets. The company serves customers in the United States and international markets through direct sales, distributors and commercial partners. Its personal care portfolio includes Lubrajel, a family of water-based moisturizing and lubricating gels used in skin-care, hair-care, cosmetic and personal lubricant formulations. United-Guardian also supplies specialty ingredients designed to improve the texture, moisture retention and performance of finished consumer products.