United-Guardian (NASDAQ:UG) Coverage Initiated at StockNews.com

Equities researchers at StockNews.com initiated 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 Stock Up 3.3 %

Shares of UG opened at $12.55 on Friday. The stock has a market capitalization of $57.58 million, a P/E ratio of 20.91 and a beta of 0.80. United-Guardian has a twelve month low of $5.79 and a twelve month high of $12.65. The firm has a fifty day simple moving average of $10.39 and a two-hundred day simple moving average of $9.06.

Institutional Inflows and Outflows

An institutional investor recently raised its position in United-Guardian stock. Rodgers Brothers Inc. grew its position in shares of United-Guardian, Inc. (NASDAQ:UG) by 5.0% during the first quarter, according to its most recent filing with the SEC. The firm owned 100,100 shares of the company’s stock after acquiring an additional 4,750 shares during the period. Rodgers Brothers Inc. owned about 2.18% of United-Guardian worth $766,000 at the end of the most recent quarter. 23.16% of the stock is currently owned by institutional investors and hedge funds.

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.