UTG (OTCMKTS:UTGN) Announces Earnings Results

Key Points

• UTG reported a quarterly loss of ($0.56) earnings per share, despite having a strong return on equity of 25.96% and a net margin of 58.70%.
• During mid-day trading, UTG's stock price remained stable at $44.00, with a market cap of $138.60 million and a low of $24.81 and high of $45.00 over the past year.
• UTG, Inc. specializes in providing individual life insurance products and services, including acquisitions of other companies in the insurance sector.

UTG (OTCMKTS:UTGN - Get Free Report) issued its quarterly earnings results on Tuesday. The insurance provider reported ($0.56) earnings per share for the quarter, Zacks reports. UTG had a return on equity of 25.96% and a net margin of 58.70%.

UTG Price Performance

UTGN stock remained flat at $44.00 during mid-day trading on Tuesday. The company has a market cap of $138.60 million, a price-to-earnings ratio of 2.63 and a beta of 0.26. UTG has a 52-week low of $24.81 and a 52-week high of $45.00. The firm's fifty day simple moving average is $38.81 and its 200 day simple moving average is $34.88.

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.

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