UTG (OTCMKTS:UTGN) Stock Price Crosses Above 50-Day Moving Average – Here’s Why

UTG, Inc. (OTCMKTS:UTGNGet Free Report) shares passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $27.65 and traded as high as $29.63. UTG shares last traded at $29.63, with a volume of 1,978 shares trading hands.

UTG Trading Up 0.4 %

The business has a 50-day moving average of $27.65 and a 200 day moving average of $27.26. The firm has a market capitalization of $93.79 million, a P/E ratio of 2.06 and a beta of 0.18.

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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