UTG (OTCMKTS:UTGN) Upgraded at ValuEngine

ValuEngine upgraded shares of UTG (OTCMKTS:UTGN) from a sell rating to a hold rating in a research report released on Tuesday morning, ValuEngine reports.

Shares of UTGN stock opened at $33.27 on Tuesday. The firm has a fifty day moving average price of $35.22 and a 200-day moving average price of $33.71. UTG has a 1 year low of $29.36 and a 1 year high of $40.00.

UTG (OTCMKTS:UTGN) last announced its quarterly earnings results on Tuesday, November 12th. The insurance provider reported ($0.34) EPS for the quarter. The business had revenue of $4.30 million for the quarter.

In related news, Director John Cortines bought 1,000 shares of the company’s stock in a transaction on Tuesday, January 14th. The shares were acquired at an average cost of $35.30 per share, for a total transaction of $35,300.00. Corporate insiders own 69.80% of the company’s stock.

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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To view ValuEngine’s full report, visit ValuEngine’s official website.

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