UTG (OTCMKTS:UTGN) Releases Earnings Results

UTG (OTCMKTS:UTGN) issued its quarterly earnings data on Wednesday. The insurance provider reported $7.42 earnings per share for the quarter, Zacks reports. UTG had a net margin of 48.60% and a return on equity of 7.49%.

UTG Price Performance

Shares of OTCMKTS:UTGN remained flat at $52.50 during trading on Wednesday. The stock had a trading volume of 83 shares, compared to its average volume of 139. The company has a market capitalization of $164.85 million, a price-to-earnings ratio of 9.69 and a beta of 0.10. UTG has a 1 year low of $32.05 and a 1 year high of $65.73. The business’s 50 day moving average price is $56.72 and its 200 day moving average price is $55.34.

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.