UTG (OTCMKTS:UTGN) Issues Quarterly Earnings Results

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

UTG Stock Performance

Shares of UTGN opened at $59.00 on Thursday. The firm has a market cap of $185.26 million, a P/E ratio of 6.50 and a beta of 0.31. UTG has a twelve month low of $30.88 and a twelve month high of $65.73. The firm’s 50 day moving average price is $53.95 and its two-hundred day moving average price is $52.32.

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. In addition, it offers reinsurance products. UTG, Inc was founded in 1966 and is headquartered in Stanford, Kentucky.