United-Guardian (NASDAQ:UG) Releases Quarterly Earnings Results

United-Guardian (NASDAQ:UG) released its quarterly earnings results on Monday. The company reported $0.20 EPS for the quarter, FiscalAI reports. The business had revenue of $3.49 million for the quarter. United-Guardian had a return on equity of 27.80% and a net margin of 25.16%.

United-Guardian Price Performance

NASDAQ UG opened at $9.16 on Wednesday. United-Guardian has a 12 month low of $5.58 and a 12 month high of $9.95. The company has a market capitalization of $42.04 million, a price-to-earnings ratio of 13.47 and a beta of 0.99. The company’s fifty day moving average price is $7.09 and its two-hundred day moving average price is $6.98.

Institutional Investors Weigh In On United-Guardian

Several hedge funds and other institutional investors have recently modified their holdings of UG. BlackRock Inc. acquired a new stake in shares of United-Guardian in the 2nd quarter valued at about $105,000. United Capital Financial Advisors LLC acquired a new position in United-Guardian in the second quarter worth about $143,000. Finally, Gamco Investors INC. ET AL grew its stake in United-Guardian by 1.2% in the first quarter. Gamco Investors INC. ET AL now owns 164,388 shares of the company’s stock worth $1,101,000 after purchasing an additional 1,888 shares in the last quarter. Institutional investors own 23.16% of the company’s stock.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “hold (c)” rating on shares of United-Guardian in a report on Monday, October 19th. One equities research analyst has rated the stock with a Hold rating. According to MarketBeat, the stock presently has an average rating of “Hold”.

United-Guardian Company Profile

United-Guardian, Inc. is a specialty chemicals company that develops, manufactures and markets products for the personal care, pharmaceutical and industrial markets. The company serves customers in the United States and international markets through direct sales, distributors and commercial partners. Its personal care portfolio includes Lubrajel, a family of water-based moisturizing and lubricating gels used in skin-care, hair-care, cosmetic and personal lubricant formulations. United-Guardian also supplies specialty ingredients designed to improve the texture, moisture retention and performance of finished consumer products.