United-Guardian (NASDAQ:UG) Earns Buy Rating from Analysts at StockNews.com

StockNews.com assumed coverage on shares of United-Guardian (NASDAQ:UG) in a report issued on Thursday morning. The firm issued a buy rating on the stock.

United-Guardian Trading Up 1.5 %

Shares of UG stock opened at $10.62 on Thursday. The business’s 50 day simple moving average is $9.63 and its 200 day simple moving average is $8.62. United-Guardian has a one year low of $5.79 and a one year high of $12.50.

United-Guardian (NASDAQ:UG) last announced its earnings results on Friday, May 10th. The company reported $0.20 EPS for the quarter. United-Guardian had a return on equity of 25.18% and a net margin of 23.77%. The business had revenue of $3.26 million for the quarter.

United-Guardian Increases Dividend

The business also recently announced a Semi-Annual dividend, which will be paid on Wednesday, July 31st. Investors of record on Tuesday, July 23rd will be issued a $0.35 dividend. The ex-dividend date is Tuesday, July 23rd. This is a boost from United-Guardian’s previous Semi-Annual dividend of $0.10. This represents a yield of 6.1%. United-Guardian’s dividend payout ratio is presently 116.67%.

Hedge Funds Weigh In On United-Guardian

A hedge fund recently raised its stake in United-Guardian stock. Rodgers Brothers Inc. raised its holdings in United-Guardian, Inc. (NASDAQ:UG) by 5.0% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 100,100 shares of the company’s stock after buying an additional 4,750 shares during the quarter. Rodgers Brothers Inc. owned 2.18% of United-Guardian worth $766,000 as of its most recent SEC filing. Institutional investors 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.