Value Line (NASDAQ:VALU) Stock Price Passes Below 200 Day Moving Average – What’s Next?

Value Line, Inc. (NASDAQ:VALU) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $36.29 and traded as low as $32.00. Value Line shares last traded at $32.00, with a volume of 9,976 shares changing hands.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “hold (c-)” rating on shares of Value Line in a research note on Friday, March 27th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock has a consensus rating of “Hold”.

Value Line Trading Down 2.0%

The company has a market cap of $300.48 million, a PE ratio of 13.68 and a beta of 1.07. The firm has a 50 day moving average of $34.53 and a two-hundred day moving average of $36.29.

Value Line (NASDAQ:VALU) last issued its earnings results on Monday, March 16th. The financial services provider reported $0.63 EPS for the quarter. Value Line had a return on equity of 21.16% and a net margin of 65.05%.The business had revenue of $8.28 million for the quarter.

Value Line Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, May 12th. Shareholders of record on Monday, April 27th were paid a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 4.4%. The ex-dividend date was Monday, April 27th. This is a boost from Value Line’s previous quarterly dividend of $0.33. Value Line’s dividend payout ratio (DPR) is currently 59.83%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Barclays PLC boosted its position in shares of Value Line by 36.7% during the fourth quarter. Barclays PLC now owns 1,547 shares of the financial services provider’s stock valued at $59,000 after buying an additional 415 shares during the period. Millennium Management LLC purchased a new stake in Value Line during the third quarter worth $334,000. Capital Investment Counsel Inc lifted its holdings in Value Line by 5.4% during the fourth quarter. Capital Investment Counsel Inc now owns 9,774 shares of the financial services provider’s stock worth $376,000 after buying an additional 500 shares during the period. Oppenheimer & Co. Inc. lifted its holdings in Value Line by 23.9% during the fourth quarter. Oppenheimer & Co. Inc. now owns 22,018 shares of the financial services provider’s stock worth $846,000 after buying an additional 4,250 shares during the period. Finally, Wells Fargo & Company MN lifted its holdings in Value Line by 1.4% during the fourth quarter. Wells Fargo & Company MN now owns 27,018 shares of the financial services provider’s stock worth $1,038,000 after buying an additional 370 shares during the period. Hedge funds and other institutional investors own 6.26% of the company’s stock.

About Value Line

Value Line, Inc is a New York–based independent investment research and financial publishing company known for its flagship product, the Value Line Investment Survey. Established in 1931 by Arnold Bernhard, the firm provides timely data, analysis and investment recommendations on a broad universe of equities. Its research covers approximately 1,700 U.S. and Canadian stocks, offering proprietary rankings that help individual investors and financial advisors identify potential opportunities based on relative price performance, earnings outlook and risk metrics.

In addition to the Investment Survey, Value Line offers a suite of digital products and services designed to meet the evolving needs of its clientele.