UTG (OTCMKTS:UTGN) Stock Price Crosses Above Fifty Day Moving Average – Here’s Why

UTG Inc. (OTCMKTS:UTGNGet Free Report)’s stock price crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $46.62 and traded as high as $56.88. UTG shares last traded at $56.88, with a volume of 425 shares trading hands.

UTG Stock Performance

The stock has a market capitalization of $179.23 million, a PE ratio of 4.02 and a beta of 0.25. The firm has a 50 day moving average of $46.62 and a 200-day moving average of $41.91.

UTG (OTCMKTS:UTGNGet Free Report) last released its earnings results on Friday, November 14th. The insurance provider reported $3.25 earnings per share for the quarter. UTG had a return on equity of 20.73% and a net margin of 55.51%.

UTG Company Profile

(Get Free Report)

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.

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