UTG (OTCMKTS:UTGN - Get Free Report) issued its quarterly earnings data on Wednesday. The insurance provider reported $2.34 earnings per share (EPS) for the quarter, Zacks reports. The business had revenue of $16.23 million for the quarter. UTG had a return on equity of 25.58% and a net margin of 58.34%.
UTG Price Performance
Shares of UTGN stock remained flat at $37.00 during trading hours on Friday. The business's 50-day moving average is $30.11 and its 200-day moving average is $28.26. The company has a market cap of $117.14 million, a price-to-earnings ratio of 2.57 and a beta of 0.16. UTG has a 12 month low of $24.81 and a 12 month high of $37.00.
About UTG
(
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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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