United-Guardian (NASDAQ:UG) Share Price Passes Above Fifty Day Moving Average – Here’s Why

United-Guardian, Inc. (NASDAQ:UG) shares crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $6.62 and traded as high as $6.68. United-Guardian shares last traded at $6.68, with a volume of 995 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (d)” rating on shares of United-Guardian in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

United-Guardian Stock Performance

The stock has a market cap of $30.66 million, a PE ratio of 15.53 and a beta of 1.01. The company has a 50 day moving average of $6.62 and a two-hundred day moving average of $6.87.

United-Guardian Announces Dividend

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Renaissance Technologies LLC grew its stake in United-Guardian by 1.0% in the 4th quarter. Renaissance Technologies LLC now owns 186,645 shares of the company’s stock valued at $1,150,000 after acquiring an additional 1,882 shares during the period. Gamco Investors INC. ET AL raised its position in United-Guardian by 1.9% during the fourth quarter. Gamco Investors INC. ET AL now owns 162,500 shares of the company’s stock worth $1,001,000 after acquiring an additional 3,000 shares during the period. Teton Advisors LLC purchased a new position in United-Guardian during the third quarter valued at $424,000. Geode Capital Management LLC grew its position in shares of United-Guardian by 8.2% in the fourth quarter. Geode Capital Management LLC now owns 35,560 shares of the company’s stock valued at $219,000 after purchasing an additional 2,691 shares during the period. Finally, Hikari Tsushin Inc. acquired a new stake in shares of United-Guardian in the third quarter valued at about $75,000. Hedge funds and other institutional investors own 23.16% of the company’s stock.

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.