UTG (OTCMKTS:UTGN) Issues Earnings Results

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

UTG Price Performance

UTGN stock remained flat at $29.95 during mid-day trading on Wednesday. The stock’s fifty day moving average price is $29.80 and its 200 day moving average price is $28.09. UTG has a twelve month low of $24.81 and a twelve month high of $32.00. The company has a market capitalization of $94.82 million, a PE ratio of 2.08 and a beta of 0.16.

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.