UTG (OTCMKTS:UTGN) Issues Earnings Results

UTG (OTCMKTS:UTGN) posted its quarterly earnings results on Wednesday. The insurance provider reported ($1.32) EPS for the quarter, Zacks reports. The business had revenue of ($0.30) million during the quarter. UTG had a net margin of 48.60% and a return on equity of 12.86%.

UTG Stock Performance

Shares of UTGN stock remained flat at $59.00 on Thursday. The stock had a trading volume of 220 shares, compared to its average volume of 170. The stock has a market capitalization of $185.26 million, a price-to-earnings ratio of 6.50 and a beta of 0.31. The company’s fifty day simple moving average is $53.95 and its 200-day simple moving average is $52.32. UTG has a fifty-two week low of $30.88 and a fifty-two week high of $65.73.

About UTG

UTG, Inc, an insurance holding company, provides individual life insurance products and services in the United States. Its individual life insurance includes servicing of existing insurance business in-force; the acquisition of other companies in the insurance business; and the administration processing of life insurance business for other entities. In addition, it offers reinsurance products. UTG, Inc was founded in 1966 and is headquartered in Stanford, Kentucky.