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

Equities research analysts at StockNews.com started coverage on shares of United-Guardian (NASDAQ:UG) in a research report issued to clients and investors on Sunday. The brokerage set a “buy” rating on the stock.

United-Guardian Price Performance

UG stock opened at $8.27 on Friday. The company has a 50 day moving average price of $7.96 and a 200 day moving average price of $7.71. United-Guardian has a fifty-two week low of $5.79 and a fifty-two week high of $10.23. The stock has a market capitalization of $37.96 million, a PE ratio of 14.77 and a beta of 0.73.

United-Guardian (NASDAQ:UG) last announced its earnings results on Friday, March 22nd. The company reported $0.16 earnings per share for the quarter. United-Guardian had a net margin of 23.71% and a return on equity of 24.26%. The firm had revenue of $2.61 million during the quarter.

Hedge Funds Weigh In On United-Guardian

An institutional investor recently raised its position in United-Guardian stock. Gamco Investors INC. ET AL lifted its holdings in shares of United-Guardian, Inc. (NASDAQ:UG) by 4.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 154,500 shares of the company’s stock after buying an additional 7,000 shares during the quarter. 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 and hedge funds own 23.16% of the company’s stock.

United-Guardian Company Profile

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.