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

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

United-Guardian Stock Up 1.7 %

UG opened at $11.53 on Friday. United-Guardian has a twelve month low of $7.02 and a twelve month high of $16.25. The company has a 50-day simple moving average of $10.10 and a 200 day simple moving average of $11.89. The stock has a market capitalization of $52.92 million, a price-to-earnings ratio of 15.17 and a beta of 0.75.

United-Guardian (NASDAQ:UG) last posted its quarterly earnings data on Friday, November 8th. The company reported $0.19 earnings per share for the quarter. The business had revenue of $3.06 million during the quarter. United-Guardian had a net margin of 28.30% and a return on equity of 30.25%.

United-Guardian Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, February 18th. Shareholders of record on Monday, February 10th will be paid a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 12.14%. The ex-dividend date is Monday, February 10th. United-Guardian’s payout ratio is 92.11%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Essex Investment Management Co. LLC acquired a new position in shares of United-Guardian in the third quarter valued at approximately $126,000. Geode Capital Management LLC increased its stake in shares of United-Guardian by 8.3% in the third quarter. Geode Capital Management LLC now owns 28,335 shares of the company’s stock valued at $450,000 after buying an additional 2,170 shares during the period. Finally, Renaissance Technologies LLC increased its stake in shares of United-Guardian by 1.1% in the second quarter. Renaissance Technologies LLC now owns 187,563 shares of the company’s stock valued at $1,677,000 after buying an additional 2,100 shares during the period. Institutional investors and hedge funds 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.