UTG (OTCMKTS:UTGN) Shares Pass Above 50 Day Moving Average – Here’s What Happened

UTG, Inc. (OTCMKTS:UTGNGet Free Report)’s stock price passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $31.20 and traded as high as $33.52. UTG shares last traded at $32.00, with a volume of 475 shares changing hands.

UTG Price Performance

The company has a fifty day moving average price of $31.29 and a 200 day moving average price of $29.01. The company has a market cap of $101.02 million, a PE ratio of 2.23 and a beta of 0.05.

UTG (OTCMKTS:UTGNGet Free Report) last released its earnings results on Wednesday, March 26th. The insurance provider reported $2.34 earnings per share for the quarter. The company had revenue of $16.23 million during the quarter. UTG had a return on equity of 25.58% and a net margin of 58.34%.

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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