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

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

Separately, TheStreet cut United-Guardian from a c rating to a d+ rating in a research report on Friday, August 18th.

United-Guardian Stock Up 0.7 %

Shares of United-Guardian stock opened at $8.17 on Monday. United-Guardian has a 12-month low of $5.79 and a 12-month high of $12.51. The company has a 50-day simple moving average of $7.02 and a 200 day simple moving average of $7.88. The stock has a market capitalization of $37.53 million, a P/E ratio of 14.85 and a beta of 0.52.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in UG. Wells Fargo & Company MN boosted its stake in shares of United-Guardian by 277.1% in the 2nd quarter. Wells Fargo & Company MN now owns 4,521 shares of the company’s stock valued at $37,000 after purchasing an additional 3,322 shares in the last quarter. Citadel Advisors LLC lifted its stake in United-Guardian by 55.4% in the second quarter. Citadel Advisors LLC now owns 15,694 shares of the company’s stock valued at $134,000 after purchasing an additional 5,596 shares during the last quarter. UBS Group AG raised its stake in United-Guardian by 39.3% in the 1st quarter. UBS Group AG now owns 25,834 shares of the company’s stock valued at $243,000 after acquiring an additional 7,289 shares during the period. Gamco Investors INC. ET AL grew its stake in United-Guardian by 4.7% in the 3rd quarter. Gamco Investors INC. ET AL now owns 154,500 shares of the company’s stock valued at $1,163,000 after buying an additional 7,000 shares in the last quarter. Finally, Neuberger Berman Group LLC raised its holdings in United-Guardian by 66.6% during the 1st quarter. Neuberger Berman Group LLC now owns 93,340 shares of the company’s stock valued at $2,123,000 after acquiring an additional 37,300 shares during the period. 22.07% of the stock is 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.