UTG (OTCMKTS:UTGN) Stock Passes Above Fifty Day Moving Average – Time to Sell?

UTG Inc. (OTCMKTS:UTGN) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $57.80 and traded as high as $57.95. UTG shares last traded at $57.95, with a volume of 249 shares changing hands.

UTG Stock Performance

The stock has a market cap of $181.51 million, a PE ratio of 5.11 and a beta of 0.10. The business has a 50 day moving average of $57.80 and a 200-day moving average of $56.51.

UTG (OTCMKTS:UTGN) last issued its quarterly earnings data on Wednesday, August 12th. The insurance provider reported $2.00 earnings per share for the quarter. The firm had revenue of $13.90 million during the quarter.

UTG Company Profile

UTG, Inc (OTCMKTS: UTGN) is an insurance holding company focused primarily on the life insurance business. Through its insurance subsidiaries, the company provides products designed to offer death-benefit protection and long-term financial planning solutions.

Its offerings include ordinary life insurance products, such as traditional whole life, term life and universal life policies, as well as annuity products. The company’s operations are centered on underwriting, administering and servicing these policies for individual policyholders and other customers.

UTG, Inc was established in 1983 and operates through regulated insurance subsidiaries, including United Trust Life Insurance Company.