United-Guardian (NASDAQ:UG) Coverage Initiated by Analysts at StockNews.com

StockNews.com started coverage on shares of United-Guardian (NASDAQ:UG) in a report published on Monday morning. The brokerage issued a buy rating on the stock.

United-Guardian Stock Up 1.6 %

Shares of NASDAQ:UG opened at $8.08 on Monday. United-Guardian has a 12 month low of $5.79 and a 12 month high of $10.23. The company’s fifty day simple moving average is $7.93 and its 200 day simple moving average is $7.80. The firm has a market cap of $37.06 million, a price-to-earnings ratio of 14.42 and a beta of 0.69.

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

Institutional Investors Weigh In On United-Guardian

A hedge fund recently raised its stake in United-Guardian stock. Gamco Investors INC. ET AL grew its position in United-Guardian, Inc. (NASDAQ:UG) by 4.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 154,500 shares of the company’s stock after acquiring an additional 7,000 shares during the period. Gamco Investors INC. ET AL owned about 3.37% of United-Guardian worth $1,163,000 at the end of the most recent quarter. Institutional investors own 23.16% of the company’s stock.

About United-Guardian

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.