UTG (OTCMKTS:UTGN) Issues Earnings Results

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

UTG Price Performance

OTCMKTS:UTGN remained flat at $52.50 during midday trading on Wednesday. The company had a trading volume of 83 shares, compared to its average volume of 139. UTG has a 52 week low of $32.05 and a 52 week high of $65.73. The stock has a market capitalization of $164.85 million, a P/E ratio of 9.69 and a beta of 0.10. The company’s 50 day simple moving average is $56.72 and its 200-day simple moving average is $55.34.

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.