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UTG (OTCMKTS:UTGN) Share Price Crosses Above Fifty Day Moving Average - Time to Sell?

UTG logo with Finance background

Key Points

  • UTG Inc. (OTCMKTS:UTGN) has recently surpassed its fifty-day moving average, trading at $41.34 after reaching a high of $41.50.
  • The company's market capitalization stands at $130.23 million, with a notable price-to-earnings ratio of 2.47 and a robust net margin of 58.70%.
  • In the latest earnings report, UTG posted an EPS of $4.05 and reported revenue of $21.90 million for the quarter ending May 13th.
  • Looking to export and analyze UTG data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

UTG Inc. (OTCMKTS:UTGN - Get Free Report)'s share price passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $37.32 and traded as high as $41.50. UTG shares last traded at $41.34, with a volume of 1,629 shares trading hands.

UTG Price Performance

The company's 50-day moving average is $37.53 and its two-hundred day moving average is $33.88. The firm has a market cap of $134.66 million, a P/E ratio of 2.55 and a beta of 0.22.

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

UTG Company Profile

(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.

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