UTG (OTCMKTS:UTGN) Issues Earnings Results

UTG (OTCMKTS:UTGN) released its quarterly earnings results on Friday. The insurance provider reported $3.25 EPS for the quarter, Zacks reports. UTG had a return on equity of 20.73% and a net margin of 55.51%.

UTG Price Performance

Shares of UTGN stock traded up $1.88 during trading hours on Friday, reaching $56.88. The company had a trading volume of 425 shares, compared to its average volume of 971. UTG has a 1-year low of $27.55 and a 1-year high of $57.49. The firm has a market cap of $179.23 million, a price-to-earnings ratio of 4.02 and a beta of 0.25. The company has a 50 day moving average of $46.62 and a 200 day moving average of $41.91.

UTG Company Profile

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.