UTG (OTCMKTS:UTGN) Stock Price Passes Above 50 Day Moving Average – Should You Sell?

UTG Inc. (OTCMKTS:UTGNGet Free Report) shares crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $45.47 and traded as high as $53.00. UTG shares last traded at $53.00, with a volume of 152 shares traded.

UTG Stock Up 3.8%

The company’s 50-day moving average price is $45.63 and its 200-day moving average price is $41.24. The firm has a market cap of $173.31 million, a price-to-earnings ratio of 3.89 and a beta of 0.25.

UTG (OTCMKTS:UTGNGet Free Report) last announced its earnings results on Tuesday, August 12th. The insurance provider reported ($0.56) earnings per share for the quarter. The business had revenue of $3.39 million for the quarter. UTG had a return on equity of 20.73% and a net margin of 55.51%.

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.

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