UTG (OTCMKTS:UTGN) Stock Price Up 3.4% – Still a Buy?

UTG Inc. (OTCMKTS:UTGN – Get Free Report) shares traded up 3.4% during mid-day trading on Friday. The stock traded as high as $60.00 and last traded at $60.00. 384 shares were traded during trading, an increase of 276% from the average session volume of 102 shares. The stock had previously closed at $58.00.

UTG Trading Up 3.4%

The company’s 50 day simple moving average is $57.84 and its 200 day simple moving average is $56.95. The stock has a market capitalization of $187.80 million, a PE ratio of 5.29 and a beta of 0.05.

UTG (OTCMKTS:UTGN – Get Free Report) last posted its quarterly earnings data on Wednesday, August 12th. The insurance provider reported $2.00 earnings per share (EPS) for the quarter. The business had revenue of $13.90 million for the quarter.

UTG Company Profile

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UTG, Inc (OTCMKTS: UTGN) is an insurance holding company that operates through its insurance subsidiaries. The company’s business is focused primarily on providing life insurance and annuity products to individuals and families.

Its product offerings have included traditional life insurance, interest-sensitive and universal life policies, and fixed annuity products. These products are generally distributed through independent insurance agents and other intermediary relationships in the United States.

UTG, Inc is associated with United Trust and Life Insurance Company, which conducts the company’s principal insurance operations.

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