United-Guardian (NASDAQ:UG) Shares Pass Below Two Hundred Day Moving Average – Here’s What Happened

United-Guardian, Inc. (NASDAQ:UG)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $6.67 and traded as low as $6.50. United-Guardian shares last traded at $6.6050, with a volume of 2,376 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of United-Guardian in a research report on Friday, March 27th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has an average rating of “Sell”.

United-Guardian Stock Up 1.5%

The company’s fifty day moving average price is $6.64 and its 200-day moving average price is $6.67. The stock has a market capitalization of $30.32 million, a PE ratio of 14.36 and a beta of 0.97.

United-Guardian (NASDAQ:UG) last posted its quarterly earnings results on Friday, March 27th. The company reported $0.14 earnings per share for the quarter. The company had revenue of $2.96 million for the quarter. United-Guardian had a return on equity of 19.10% and a net margin of 19.97%.

United-Guardian Dividend Announcement

The company also recently declared a dividend, which was paid on Tuesday, February 17th. Investors of record on Monday, February 9th were paid a $0.25 dividend. The ex-dividend date was Monday, February 9th. This represents a yield of 713.0%. United-Guardian’s payout ratio is presently 108.70%.

Institutional Trading of United-Guardian

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Teton Advisors LLC purchased a new position in United-Guardian in the third quarter worth about $424,000. Hikari Tsushin Inc. purchased a new stake in shares of United-Guardian during the third quarter valued at approximately $75,000. Gamco Investors INC. ET AL increased its position in shares of United-Guardian by 1.9% during the fourth quarter. Gamco Investors INC. ET AL now owns 162,500 shares of the company’s stock valued at $1,001,000 after acquiring an additional 3,000 shares in the last quarter. Geode Capital Management LLC raised its holdings in United-Guardian by 8.2% in 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 during the last quarter. Finally, Renaissance Technologies LLC lifted its position in 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 acquiring an additional 1,882 shares in the last quarter. 23.16% of the stock is currently owned by institutional investors.

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.