United-Guardian (NASDAQ:UG) Stock Passes Below Fifty Day Moving Average – Should You Sell?

Shares of United-Guardian, Inc. (NASDAQ:UG) crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $6.54 and traded as low as $6.53. United-Guardian shares last traded at $6.72, with a volume of 3,154 shares.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of United-Guardian in a research note on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has an average rating of “Sell”.

United-Guardian Price Performance

The company has a fifty day moving average price of $6.54 and a two-hundred day moving average price of $6.97. The firm has a market cap of $30.84 million, a price-to-earnings ratio of 15.63 and a beta of 1.01.

United-Guardian Announces Dividend

The firm also recently declared a dividend, which was paid on Tuesday, February 17th. Shareholders of record on Monday, February 9th were issued a $0.25 dividend. This represents a yield of 713.0%. The ex-dividend date of this dividend was Monday, February 9th. United-Guardian’s dividend payout ratio is presently 116.28%.

Institutional Trading of United-Guardian

A number of hedge funds and other institutional investors have recently made changes to their positions in UG. Renaissance Technologies LLC boosted its holdings in United-Guardian by 1.0% during the fourth quarter. Renaissance Technologies LLC now owns 186,645 shares of the company’s stock worth $1,150,000 after buying an additional 1,882 shares in the last quarter. Gamco Investors INC. ET AL lifted its position in shares of United-Guardian by 1.3% during the 2nd quarter. Gamco Investors INC. ET AL now owns 159,500 shares of the company’s stock valued at $1,276,000 after acquiring an additional 2,000 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of United-Guardian by 8.2% during 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 in the last quarter. Hikari Tsushin Inc. bought a new stake in shares of United-Guardian during the 3rd quarter worth $75,000. Finally, Teton Advisors LLC acquired a new position in shares of United-Guardian in the 3rd quarter worth $424,000. 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.