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

StockNews.com began coverage on shares of United-Guardian (NASDAQ:UG) in a research note published on Saturday. The firm issued a buy rating on the stock.

United-Guardian Trading Up 1.5 %

Shares of NASDAQ:UG opened at $8.13 on Friday. United-Guardian has a 1 year low of $5.79 and a 1 year high of $10.25. The business has a fifty day simple moving average of $7.99 and a 200 day simple moving average of $7.68. The firm has a market cap of $37.32 million, a price-to-earnings ratio of 14.52 and a beta of 0.73.

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

United-Guardian Announces Dividend

The firm also recently disclosed a Semi-Annual dividend, which was paid on Tuesday, February 20th. Stockholders of record on Monday, February 12th were paid a $0.10 dividend. The ex-dividend date of this dividend was Friday, February 9th. This represents a dividend yield of 5.8%. United-Guardian’s payout ratio is presently 89.29%.

Hedge Funds Weigh In On United-Guardian

An institutional investor recently raised its position in United-Guardian stock. Gamco Investors INC. ET AL increased its position in shares of United-Guardian, Inc. (NASDAQ:UG) by 4.7% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 154,500 shares of the company’s stock after buying an additional 7,000 shares during the quarter. Gamco Investors INC. ET AL owned 3.37% of United-Guardian worth $1,163,000 at the end of the most recent quarter. 23.16% of the stock is currently owned by institutional investors.

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.