UTG Inc. (OTCMKTS:UTGN – Get Free Report) shares passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $54.61 and traded as high as $55.00. UTG shares last traded at $55.00, with a volume of 1,000 shares traded.
UTG Stock Performance
The firm has a market cap of $172.70 million, a price-to-earnings ratio of 6.26 and a beta of 0.11. The business’s 50-day moving average is $54.61 and its 200-day moving average is $55.74.
UTG (OTCMKTS:UTGN – Get Free Report) last released its quarterly earnings results on Wednesday, May 13th. The insurance provider reported $7.42 EPS for the quarter. The firm had revenue of $36.49 million for the quarter. UTG had a net margin of 48.60% and a return on equity of 11.75%.
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.
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