United-Guardian (NASDAQ:UG) Shares Cross Below 50 Day Moving Average – Should You Sell?

Shares of United-Guardian, Inc. (NASDAQ:UG) passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $6.64 and traded as low as $6.18. United-Guardian shares last traded at $6.2330, with a volume of 3,697 shares changing hands.

Wall Street Analysts Forecast Growth

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

United-Guardian Stock Up 0.2%

The stock has a market cap of $28.61 million, a P/E ratio of 14.50 and a beta of 1.01. The stock has a fifty day simple moving average of $6.64 and a 200-day simple moving average of $6.74.

United-Guardian Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, February 17th. Investors of record on Monday, February 9th were paid a dividend of $0.25 per share. The ex-dividend date of this dividend was Monday, February 9th. This represents a yield of 713.0%. United-Guardian’s dividend payout ratio (DPR) is presently 116.28%.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. Hikari Tsushin Inc. bought a new stake in United-Guardian in the third quarter valued at approximately $75,000. Geode Capital Management LLC boosted its position in shares of United-Guardian by 8.2% during the fourth quarter. Geode Capital Management LLC now owns 35,560 shares of the company’s stock worth $219,000 after purchasing an additional 2,691 shares in the last quarter. Teton Advisors LLC bought a new position in shares of United-Guardian during the third quarter worth $424,000. Gamco Investors INC. ET AL grew its holdings in shares of United-Guardian by 1.3% in the 2nd quarter. Gamco Investors INC. ET AL now owns 159,500 shares of the company’s stock valued at $1,276,000 after buying an additional 2,000 shares during the period. Finally, Renaissance Technologies LLC grew its holdings in shares of 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 buying an additional 1,882 shares during the period. Institutional investors and hedge funds 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.