United-Guardian (NASDAQ:UG) Stock Price Passes Above Fifty Day Moving Average – Time to Sell?

Shares of United-Guardian, Inc. (NASDAQ:UG) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $6.94 and traded as high as $7.14. United-Guardian shares last traded at $7.04, with a volume of 8,993 shares traded.

Analysts Set New Price Targets

Separately, Weiss Ratings raised shares of United-Guardian from a “sell (d)” rating to a “hold (c-)” rating in a report on Friday, April 10th. One analyst has rated the stock with a Hold rating, According to MarketBeat, the company has an average rating of “Hold”.

United-Guardian Trading Up 0.3%

The firm has a market cap of $32.31 million, a PE ratio of 13.54 and a beta of 0.96. The business has a fifty day moving average price of $6.94 and a 200 day moving average price of $6.61.

United-Guardian (NASDAQ:UG) last issued its earnings results on Friday, May 8th. The company reported $0.18 earnings per share for the quarter. The business had revenue of $2.87 million for the quarter. United-Guardian had a return on equity of 21.40% and a net margin of 21.62%.

Institutional Trading of United-Guardian

Institutional investors have recently modified their holdings of the stock. Renaissance Technologies LLC boosted 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 in the last quarter. Gamco Investors INC. ET AL raised its stake in United-Guardian by 1.2% during the 1st quarter. Gamco Investors INC. ET AL now owns 164,388 shares of the company’s stock worth $1,101,000 after acquiring an additional 1,888 shares in the last quarter. Geode Capital Management LLC raised its stake in United-Guardian by 8.2% during the 4th quarter. Geode Capital Management LLC now owns 35,560 shares of the company’s stock worth $219,000 after acquiring an additional 2,691 shares in the last quarter. Hikari Tsushin Inc. purchased a new stake in United-Guardian in the third quarter valued at $75,000. Finally, Teton Advisors LLC purchased a new stake in United-Guardian in the third quarter valued at $424,000. Hedge funds and other institutional investors own 23.16% of the company’s stock.

About United-Guardian

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.