UTG (OTCMKTS:UTGN) Releases Earnings Results

UTG (OTCMKTS:UTGN) announced its quarterly earnings results on Tuesday. The insurance provider reported $4.05 earnings per share (EPS) for the quarter, Zacks reports. The firm had revenue of $21.90 million during the quarter. UTG had a return on equity of 25.58% and a net margin of 58.34%.

UTG Stock Down 0.8%

UTG stock opened at $36.99 on Thursday. The business has a fifty day moving average of $33.35 and a two-hundred day moving average of $30.26. The firm has a market cap of $116.78 million, a P/E ratio of 2.57 and a beta of 0.23. UTG has a twelve month low of $24.81 and a twelve month high of $37.28.

UTG Company Profile

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.