United-Guardian (NASDAQ:UG) Stock Passes Below Fifty Day Moving Average – Time to Sell?

United-Guardian, Inc. (NASDAQ:UG)’s stock price passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $7.03 and traded as low as $6.96. United-Guardian shares last traded at $7.06, with a volume of 4,800 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded shares of United-Guardian from a “sell (d)” rating to a “hold (c-)” rating in a research report on Friday, April 10th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock has a consensus rating of “Hold”.

United-Guardian Price Performance

The company has a market cap of $32.41 million, a PE ratio of 13.58 and a beta of 0.96. The firm has a 50-day simple moving average of $7.03 and a two-hundred day simple moving average of $6.69.

United-Guardian (NASDAQ:UG) last released its earnings results on Friday, May 8th. The company reported $0.18 earnings per share for the quarter. The firm had revenue of $2.87 million for the quarter. United-Guardian had a return on equity of 21.40% and a net margin of 21.62%.

Institutional Investors Weigh In On United-Guardian

Several institutional investors and hedge funds have recently modified their holdings of the stock. Geode Capital Management LLC grew its holdings in United-Guardian by 8.2% during the 4th 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 in the last quarter. Teton Advisors LLC acquired a new position in United-Guardian in the third quarter valued at approximately $424,000. Gamco Investors INC. ET AL grew its stake in United-Guardian by 1.9% during the 4th quarter. Gamco Investors INC. ET AL now owns 162,500 shares of the company’s stock worth $1,001,000 after buying an additional 3,000 shares during the last quarter. Finally, Renaissance Technologies LLC grew its position in United-Guardian by 1.0% in the 4th quarter. Renaissance Technologies LLC now owns 186,645 shares of the company’s stock worth $1,150,000 after purchasing an additional 1,882 shares during the last quarter. Hedge funds and other institutional investors own 23.16% of the company’s stock.

About United-Guardian

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.