UTG (OTCMKTS:UTGN) Shares Pass Above Fifty Day Moving Average - What's Next?

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.

UTG Inc. (OTCMKTS:UTGN - Get Free Report) passed above its fifty day moving average during trading on Thursday . The stock has a fifty 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 traded.

UTG Stock Up 11.0%

The firm has a market cap of $130.23 million, a price-to-earnings ratio of 2.47 and a beta of 0.22. The company has a 50-day moving average price of $37.32 and a 200 day moving average price of $33.65.

UTG (OTCMKTS:UTGN - Get Free Report) last issued its earnings results on Tuesday, May 13th. The insurance provider reported $4.05 EPS 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%.

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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