Free Trial

UTG (OTCMKTS:UTGN) Stock Price Passes Above Fifty Day Moving Average - What's Next?

UTG logo with Finance background

Key Points

  • UTG Inc. shares have surpassed their fifty-day moving average, reaching a price point of $45.00 during trading on Friday.
  • The company boasts a market capitalization of $141.75 million, a P/E ratio of 2.69, and a beta of 0.26.
  • UTG reported earnings of $4.05 per share for the last quarter, with revenue totaling $21.90 million and a significant net margin of 58.70%.
  • Want stock alerts on UTG? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

UTG Inc. (OTCMKTS:UTGN - Get Free Report) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $37.94 and traded as high as $45.00. UTG shares last traded at $45.00, with a volume of 339 shares trading hands.

UTG Stock Performance

The business's 50-day moving average price is $38.26 and its 200-day moving average price is $34.45. The stock has a market cap of $138.60 million, a P/E ratio of 2.63 and a beta of 0.26.

UTG (OTCMKTS:UTGN - Get Free Report) last released its quarterly earnings results on Tuesday, May 13th. The insurance provider reported $4.05 earnings per share for the quarter. The business had revenue of $21.90 million during the quarter. UTG had a return on equity of 25.96% and a net margin of 58.70%.

About UTG

(Get Free Report)

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.

Featured Stories

Should You Invest $1,000 in UTG Right Now?

Before you consider UTG, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and UTG wasn't on the list.

While UTG currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Beginner's Guide To Retirement Stocks Cover

Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 Buy-the-Dip Stocks Poised to Rebound Soon
Quantum Boom: 3 Strong Picks with Lower Risk
3 Overlooked AI Stocks That Chipmakers Can’t Live Without

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines