United-Guardian (NASDAQ:UG) Stock Passes Below 50 Day Moving Average – What’s Next?

United-Guardian, Inc. (NASDAQ:UG) passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $7.27 and traded as low as $7.18. United-Guardian shares last traded at $7.19, with a volume of 7,565 shares changing hands.

Wall Street Analyst Weigh In

Separately, Weiss Ratings upgraded United-Guardian from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, July 21st. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, United-Guardian has a consensus rating of “Hold”.

United-Guardian Trading Down 0.7%

The stock has a market cap of $32.82 million, a P/E ratio of 13.24 and a beta of 0.95. The firm’s fifty day moving average is $7.27 and its 200 day moving average is $6.94.

United-Guardian (NASDAQ:UG) last posted its quarterly earnings data on Friday, August 7th. The company reported $0.16 EPS for the quarter. United-Guardian had a return on equity of 22.24% and a net margin of 22.01%.The business had revenue of $3.11 million for the quarter.

United-Guardian Dividend Announcement

The firm also recently declared a dividend, which was paid on Tuesday, August 4th. Shareholders of record on Tuesday, July 28th were given a $0.30 dividend. This represents a yield of 819.0%. The ex-dividend date of this dividend was Tuesday, July 28th. United-Guardian’s payout ratio is currently 111.11%.

Institutional Investors Weigh In On United-Guardian

Several hedge funds have recently modified their holdings of the business. United Capital Financial Advisors LLC acquired a new stake in shares of United-Guardian in the second quarter worth $143,000. BlackRock Inc. acquired a new stake in United-Guardian in the 2nd quarter worth $105,000. Gamco Investors INC. ET AL grew its position in United-Guardian by 1.9% in the 4th quarter. Gamco Investors INC. ET AL now owns 162,500 shares of the company’s stock worth $1,001,000 after purchasing an additional 3,000 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of 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 purchasing an additional 2,691 shares during the period. Finally, Renaissance Technologies LLC increased its holdings in shares of United-Guardian by 1.0% during the 4th quarter. Renaissance Technologies LLC now owns 186,645 shares of the company’s stock worth $1,150,000 after purchasing an additional 1,882 shares during the period. 23.16% of the stock is owned by institutional investors.

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.