UTG (OTCMKTS:UTGN) Posts Earnings Results

UTG (OTCMKTS:UTGN) posted its earnings results on Wednesday. The insurance provider reported $2.00 earnings per share for the quarter, Zacks reports.

UTG Price Performance

OTCMKTS:UTGN remained flat at $59.00 during mid-day trading on Wednesday. The company’s stock had a trading volume of 67 shares, compared to its average volume of 21. The business has a 50-day simple moving average of $56.62 and a two-hundred day simple moving average of $55.64. UTG has a one year low of $43.05 and a one year high of $65.73. The company has a market capitalization of $185.26 million, a price-to-earnings ratio of 6.71 and a beta of 0.09.

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.