UTG (OTCMKTS:UTGN) Releases Quarterly Earnings Results

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

UTG Stock Performance

OTCMKTS UTGN opened at $30.88 on Thursday. The stock has a market capitalization of $97.76 million, a P/E ratio of 2.15 and a beta of 0.16. UTG has a 52 week low of $24.81 and a 52 week high of $32.00. The stock has a fifty day moving average of $29.83 and a 200-day moving average of $28.11.

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.