United-Guardian (NASDAQ:UG) Stock Crosses Below 50-Day Moving Average – Time to Sell?

United-Guardian, Inc. (NASDAQ:UG) passed below its 50 day moving average during trading on Thursday. The stock has a 50 day moving average of $7.19 and traded as low as $7.05. United-Guardian shares last traded at $7.10, with a volume of 8,154 shares.

Analysts Set New Price Targets

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

United-Guardian Stock Down 0.3%

The company has a market cap of $32.53 million, a P/E ratio of 13.11 and a beta of 0.95. The company’s 50-day moving average is $7.18 and its two-hundred day moving average is $7.04.

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

United-Guardian Dividend Announcement

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

Hedge Funds Weigh In On United-Guardian

Several institutional investors and hedge funds have recently bought and sold shares of UG. BlackRock Inc. purchased a new stake in United-Guardian in the second quarter worth $105,000. United Capital Financial Advisors LLC purchased a new position in shares of United-Guardian during the 2nd quarter valued at $143,000. Finally, Gamco Investors INC. ET AL grew its stake in shares of 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 during the period. 23.16% of the stock is owned by institutional investors.

United-Guardian Company Profile

United-Guardian, Inc develops, manufactures, and markets specialty products for the personal care, pharmaceutical, medical, and industrial markets. The company’s products are used by manufacturers in formulations including cosmetics, skin-care products, pharmaceuticals, and medical treatments.

United-Guardian’s product portfolio includes Lubrajel, a water-soluble lubricating and moisturizing agent used in personal-care and pharmaceutical applications, as well as Renacidin, a medical solution used for the dissolution and prevention of certain urinary tract calculi and encrustations.