Shares of UTG Inc. (OTCMKTS:UTGN – Get Free Report) were up 3.4% during mid-day trading on Friday. The company traded as high as $60.00 and last traded at $60.00. 384 shares traded hands during mid-day trading, an increase of 276% from the average daily volume of 102 shares. The stock had previously closed at $58.00.
UTG Stock Performance
The business has a fifty day simple moving average of $57.84 and a 200 day simple moving average of $56.95. The stock has a market cap of $187.80 million, a price-to-earnings ratio of 5.29 and a beta of 0.05.
UTG (OTCMKTS:UTGN – Get Free Report) last released its quarterly earnings results on Wednesday, August 12th. The insurance provider reported $2.00 earnings per share for the quarter. The company had revenue of $13.90 million during the quarter.
UTG Company Profile
UTG, Inc (OTCMKTS: UTGN) is an insurance holding company that operates through its insurance subsidiaries. The company’s business is focused primarily on providing life insurance and annuity products to individuals and families.
Its product offerings have included traditional life insurance, interest-sensitive and universal life policies, and fixed annuity products. These products are generally distributed through independent insurance agents and other intermediary relationships in the United States.
UTG, Inc is associated with United Trust and Life Insurance Company, which conducts the company’s principal insurance operations.
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