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

Value Line, Inc. (NASDAQ:VALU) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $37.83 and traded as low as $37.20. Value Line shares last traded at $37.20, with a volume of 2,400 shares trading hands.

Analyst Ratings Changes

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

Value Line Stock Down 0.1%

The stock has a fifty day simple moving average of $37.71 and a 200-day simple moving average of $37.83. The company has a market capitalization of $349.31 million, a P/E ratio of 16.46 and a beta of 1.20.

Value Line (NASDAQ:VALU) last posted its earnings results on Monday, December 15th. The financial services provider reported $0.60 earnings per share for the quarter. Value Line had a net margin of 61.58% and a return on equity of 20.88%. The business had revenue of $8.56 million for the quarter.

Value Line Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, February 10th. Stockholders of record on Monday, January 26th were issued a dividend of $0.325 per share. The ex-dividend date of this dividend was Monday, January 26th. This represents a $1.30 annualized dividend and a dividend yield of 3.5%. Value Line’s dividend payout ratio (DPR) is presently 57.52%.

Value Line announced that its board has authorized a share buyback plan on Wednesday, October 29th that allows the company to buyback $2,000.00 billion in shares. This buyback authorization allows the financial services provider to repurchase up to 547,465.2% of its shares through open market purchases. Shares buyback plans are often a sign that the company’s board of directors believes its stock is undervalued.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Cloud Capital Management LLC bought a new stake in Value Line during the 3rd quarter worth about $128,000. Teton Advisors LLC bought a new position in Value Line in the 3rd quarter worth approximately $1,171,000. Neuberger Berman Group LLC lifted its holdings in Value Line by 3.5% during the 3rd quarter. Neuberger Berman Group LLC now owns 114,473 shares of the financial services provider’s stock worth $4,474,000 after buying an additional 3,923 shares in the last quarter. Millennium Management LLC bought a new position in Value Line in the 3rd quarter valued at $334,000. Finally, Capital Investment Counsel Inc increased its stake in shares of Value Line by 5.4% in the 4th quarter. Capital Investment Counsel Inc now owns 9,774 shares of the financial services provider’s stock valued at $376,000 after buying an additional 500 shares during the period. Institutional investors and hedge funds 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.