UTG (OTCMKTS:UTGN) Posts Quarterly Earnings Results

UTG (OTCMKTS:UTGN) announced its quarterly earnings results on Wednesday. The insurance provider reported $2.34 EPS for the quarter, Zacks reports. UTG had a return on equity of 25.58% and a net margin of 58.34%. The firm had revenue of $16.23 million for the quarter.

UTG Price Performance

Shares of UTGN stock opened at $37.00 on Friday. UTG has a 1-year low of $24.81 and a 1-year high of $37.00. The company has a market cap of $117.14 million, a P/E ratio of 2.57 and a beta of 0.16. The stock’s 50-day moving average is $29.97 and its 200 day moving average is $28.18.

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.