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

Stock analysts at StockNews.com began coverage on shares of United-Guardian (NASDAQ:UG) in a research report issued on Monday. The firm set a “buy” rating on the stock.

United-Guardian Stock Up 1.3 %

Shares of UG opened at $10.19 on Monday. United-Guardian has a 52-week low of $7.02 and a 52-week high of $16.25. The firm has a market capitalization of $46.81 million, a PE ratio of 13.41 and a beta of 0.76. The firm has a 50-day moving average price of $10.42 and a 200 day moving average price of $11.85.

Institutional Trading of United-Guardian

A number of large investors have recently added to or reduced their stakes in UG. Northern Trust Corp raised its holdings in United-Guardian by 69.5% during the 4th quarter. Northern Trust Corp now owns 25,527 shares of the company’s stock worth $244,000 after buying an additional 10,466 shares during the period. United Capital Financial Advisors LLC purchased a new position in United-Guardian during the 4th quarter worth approximately $192,000. Renaissance Technologies LLC grew its position in United-Guardian by 4.3% during the 4th quarter. Renaissance Technologies LLC now owns 190,163 shares of the company’s stock worth $1,818,000 after purchasing an additional 7,800 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of United-Guardian by 10.3% in the fourth quarter. Geode Capital Management LLC now owns 31,264 shares of the company’s stock valued at $302,000 after purchasing an additional 2,929 shares in the last quarter. Finally, Heron Bay Capital Management purchased a new stake in shares of United-Guardian in the fourth quarter valued at $135,000. 23.16% of the stock is currently owned by institutional investors.

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.