UTG (OTCMKTS:UTGN) Releases 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 return on equity of 25.58% and a net margin of 58.34%.

UTG Price Performance

UTGN remained flat at $29.95 during midday trading on Wednesday. The firm’s fifty day moving average is $29.80 and its 200 day moving average is $28.09. The company has a market cap of $94.82 million, a P/E ratio of 2.08 and a beta of 0.16. UTG has a 52-week low of $24.81 and a 52-week high of $32.00.

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.