UTG (OTCMKTS:UTGN) Stock Price Crosses Above Fifty Day Moving Average – Here’s Why

Shares of UTG, Inc. (OTCMKTS:UTGNGet Free Report) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $30.48 and traded as high as $33.50. UTG shares last traded at $33.50, with a volume of 105 shares.

UTG Stock Performance

The company has a market capitalization of $106.06 million, a PE ratio of 2.33 and a beta of 0.16. The stock has a 50 day moving average price of $30.63 and a two-hundred day moving average price of $28.54.

UTG (OTCMKTS:UTGNGet Free Report) last issued its quarterly earnings data on Wednesday, March 26th. The insurance provider reported $2.34 earnings per share for the quarter. The firm had revenue of $16.23 million for the quarter. UTG had a net margin of 58.34% and a return on equity of 25.58%.

About UTG

(Get Free Report)

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.

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