United-Guardian (NASDAQ:UG) Now Covered by StockNews.com

StockNews.com began coverage on shares of United-Guardian (NASDAQ:UG) in a research report sent to investors on Thursday. The brokerage issued a buy rating on the stock.

United-Guardian Price Performance

NASDAQ UG opened at $10.85 on Thursday. The business has a fifty day simple moving average of $9.94 and a 200 day simple moving average of $11.86. United-Guardian has a 12 month low of $7.02 and a 12 month high of $16.25.

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

Hedge Funds Weigh In On United-Guardian

Several institutional investors have recently modified their holdings of the business. Geode Capital Management LLC lifted its holdings in United-Guardian by 8.3% during the third quarter. Geode Capital Management LLC now owns 28,335 shares of the company’s stock worth $450,000 after acquiring an additional 2,170 shares during the period. Renaissance Technologies LLC increased its position in shares of United-Guardian by 1.1% during the 2nd quarter. Renaissance Technologies LLC now owns 187,563 shares of the company’s stock valued at $1,677,000 after purchasing an additional 2,100 shares during the last quarter. Finally, Essex Investment Management Co. LLC purchased a new stake in shares of United-Guardian during the 3rd quarter valued at $126,000. 23.16% of the stock is 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.