Shares of UTG Inc. (OTCMKTS:UTGN – Get Free Report) crossed above its fifty day moving average during trading on Friday. The stock has a fifty day moving average of $57.89 and traded as high as $61.28. UTG shares last traded at $61.28, with a volume of 137 shares changing hands.
UTG Trading Up 5.7%
The stock has a market capitalization of $191.81 million, a PE ratio of 5.40 and a beta of 0.05. The business’s 50-day moving average is $57.89 and its two-hundred day moving average is $56.89.
UTG (OTCMKTS:UTGN – Get Free Report) last issued its quarterly earnings data on Wednesday, August 12th. The insurance provider reported $2.00 EPS for the quarter. The firm had revenue of $13.90 million during the quarter.
About UTG
UTG, Inc is an insurance holding company that provides life insurance and annuity products through its operating subsidiaries. Its offerings include traditional life insurance products, such as whole life and term insurance, as well as other individual life insurance policies and annuity contracts.
The company primarily serves policyholders in the United States through independent agents and other insurance distribution channels. Its business is focused on underwriting and administering insurance policies, managing related investments and meeting long-term obligations to policyholders and beneficiaries.
UTG, Inc has operated in the life insurance industry for several decades.
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