UTG (OTCMKTS:UTGN) Posts Earnings Results

UTG (OTCMKTS:UTGN) announced its earnings results 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 Stock Performance

Shares of UTGN opened at $52.50 on Thursday. UTG has a twelve month low of $32.05 and a twelve month high of $65.73. The firm has a market capitalization of $164.85 million, a P/E ratio of 9.69 and a beta of 0.10. The stock’s fifty day simple moving average is $56.70 and its 200 day simple moving average is $55.40.

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.