UTG (OTCMKTS:UTGN) Issues Earnings Results

UTG (OTCMKTS:UTGN) issued its 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 for the quarter. UTG had a return on equity of 12.86% and a net margin of 48.60%.

UTG Price Performance

Shares of OTCMKTS:UTGN remained flat at $59.00 during trading hours on Thursday. 220 shares of the stock traded hands, compared to its average volume of 170. The company’s 50 day moving average is $53.95 and its two-hundred day moving average is $52.32. UTG has a twelve month low of $30.88 and a twelve month high of $65.73. The firm has a market capitalization of $185.26 million, a P/E ratio of 6.50 and a beta of 0.31.

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.