Value Line (NASDAQ:VALU) Stock Crosses Below 200-Day Moving Average of $42.49

Shares of Value Line, Inc. (NASDAQ:VALU) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $42.49 and traded as low as $37.56. Value Line shares last traded at $37.81, with a volume of 1,787 shares traded.

Wall Street Analyst Weigh In

Separately, StockNews.com assumed coverage on Value Line in a research report on Wednesday. They issued a “hold” rating on the stock.

Value Line Stock Down 2.6 %

The company has a 50-day simple moving average of $40.49 and a two-hundred day simple moving average of $42.42. The firm has a market cap of $349.00 million, a PE ratio of 19.08 and a beta of 0.76.

Value Line (NASDAQ:VALU) last posted its quarterly earnings data on Friday, March 15th. The financial services provider reported $0.62 earnings per share for the quarter. Value Line had a return on equity of 21.23% and a net margin of 47.81%. The business had revenue of $9.13 million for the quarter.

Value Line Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, February 9th. Stockholders of record on Monday, January 29th were given a dividend of $0.28 per share. The ex-dividend date was Friday, January 26th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 3.03%. Value Line’s dividend payout ratio is presently 57.73%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in VALU. UBS Group AG lifted its holdings in Value Line by 627.5% during the 4th quarter. UBS Group AG now owns 582 shares of the financial services provider’s stock worth $30,000 after purchasing an additional 502 shares in the last quarter. Tower Research Capital LLC TRC lifted its holdings in Value Line by 393.4% during the 3rd quarter. Tower Research Capital LLC TRC now owns 1,051 shares of the financial services provider’s stock worth $46,000 after purchasing an additional 838 shares in the last quarter. Barclays PLC lifted its holdings in Value Line by 752.6% during the 4th quarter. Barclays PLC now owns 1,151 shares of the financial services provider’s stock worth $57,000 after purchasing an additional 1,016 shares in the last quarter. BNP Paribas Arbitrage SNC lifted its holdings in Value Line by 51.1% during the 1st quarter. BNP Paribas Arbitrage SNC now owns 2,038 shares of the financial services provider’s stock worth $98,000 after purchasing an additional 689 shares in the last quarter. Finally, Bank of America Corp DE lifted its holdings in Value Line by 165.9% during the 4th quarter. Bank of America Corp DE now owns 2,095 shares of the financial services provider’s stock worth $107,000 after purchasing an additional 1,307 shares in the last quarter. Hedge funds and other institutional investors own 6.26% of the company’s stock.

About Value Line

Value Line, Inc produces and sells investment periodicals and related publications. Its investment periodicals and related publications cover a range of investments, including stocks, mutual funds, exchange traded funds (ETFs), and options. The company's research services include The Value Line Investment Survey, The Value Line Investment Survey – Small and Mid-Cap, The Value Line 600, and The Value Line Fund Advisor Plus that provide statistical and text coverage of various investment securities, with an emphasis placed on its proprietary research, analysis, and statistical ranks.