United-Guardian (NASDAQ:UG) Releases Earnings Results

United-Guardian (NASDAQ:UG) issued its quarterly earnings results on Friday. The company reported $0.16 EPS for the quarter, Zacks reports. United-Guardian had a return on equity of 21.40% and a net margin of 21.62%.

United-Guardian Stock Performance

Shares of NASDAQ UG traded up $0.05 during trading on Friday, hitting $7.29. The company had a trading volume of 24,996 shares, compared to its average volume of 7,318. United-Guardian has a 52 week low of $5.58 and a 52 week high of $8.77. The business’s 50-day moving average is $7.21 and its 200 day moving average is $6.91. The company has a market cap of $33.46 million, a P/E ratio of 14.02 and a beta of 0.95.

United-Guardian Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, August 4th. Shareholders of record on Tuesday, July 28th were issued a $0.30 dividend. The ex-dividend date of this dividend was Tuesday, July 28th. This represents a dividend yield of 819.0%. United-Guardian’s dividend payout ratio is currently 115.38%.

Analyst Upgrades and Downgrades

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

Hedge Funds Weigh In On United-Guardian

A hedge fund recently raised its stake in United-Guardian stock. Geode Capital Management LLC increased its stake in United-Guardian, Inc. (NASDAQ:UG) by 8.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 35,560 shares of the company’s stock after purchasing an additional 2,691 shares during the quarter. Geode Capital Management LLC owned approximately 0.77% of United-Guardian worth $219,000 as of its most recent filing with the Securities and Exchange Commission. 23.16% of the stock is currently owned by institutional investors and hedge funds.

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.