Value Line (NASDAQ:VALU) Stock Crosses Below Two Hundred Day Moving Average – Here’s Why

Value Line, Inc. (NASDAQ:VALUGet Free Report)’s stock price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $37.56 and traded as low as $35.91. Value Line shares last traded at $35.91, with a volume of 596 shares.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Value Line in a research report on Monday, December 29th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock has an average rating of “Hold”.

Read Our Latest Report on Value Line

Value Line Stock Down 0.2%

The business has a 50-day simple moving average of $36.85 and a 200-day simple moving average of $37.54. The company has a market cap of $337.29 million, a PE ratio of 15.35 and a beta of 1.21.

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

Value Line Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, February 10th. Stockholders of record on Monday, January 26th were given a dividend of $0.325 per share. This represents a $1.30 annualized dividend and a dividend yield of 3.6%. The ex-dividend date of this dividend was Monday, January 26th. Value Line’s dividend payout ratio is currently 55.56%.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Barclays PLC increased its stake in Value Line by 36.7% during the 4th quarter. Barclays PLC now owns 1,547 shares of the financial services provider’s stock worth $59,000 after buying an additional 415 shares during the period. Cloud Capital Management LLC acquired a new stake in Value Line during the 3rd quarter worth approximately $128,000. Millennium Management LLC purchased a new position in Value Line in the 3rd quarter valued at approximately $334,000. Capital Investment Counsel Inc grew its stake in shares of Value Line by 5.4% in the fourth quarter. Capital Investment Counsel Inc now owns 9,774 shares of the financial services provider’s stock worth $376,000 after acquiring an additional 500 shares in the last quarter. Finally, Oppenheimer & Co. Inc. grew its stake in shares of Value Line by 23.9% in the fourth quarter. Oppenheimer & Co. Inc. now owns 22,018 shares of the financial services provider’s stock worth $846,000 after acquiring an additional 4,250 shares in the last quarter. Institutional investors and hedge funds own 6.26% of the company’s stock.

About Value Line

(Get Free Report)

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.

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