UTG (OTCMKTS:UTGN) Releases Quarterly 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) announced its quarterly earnings data on Tuesday. The insurance provider reported ($0.56) earnings per share (EPS) for the quarter, Zacks reports. UTG had a return on equity of 20.73% and a net margin of 55.51%. The firm had revenue of $3.39 million during the quarter.

UTG Price Performance

Shares of OTCMKTS:UTGN remained flat at $44.22 during trading on Friday. The stock had a trading volume of 3 shares, compared to its average volume of 354. UTG has a 1 year low of $24.81 and a 1 year high of $45.00. The firm has a market capitalization of $139.29 million, a PE ratio of 3.13 and a beta of 0.26. The business's 50-day moving average price is $39.39 and its 200-day moving average price is $35.29.

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.