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

Value Line, Inc. (NASDAQ:VALU)’s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $38.73 and traded as low as $38.20. Value Line shares last traded at $38.75, with a volume of 5,528 shares trading hands.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on VALU shares. Wall Street Zen upgraded Value Line to a “hold” rating in a research report on Saturday, September 13th. Weiss Ratings restated a “hold (c-)” rating on shares of Value Line in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Value Line Trading Down 1.3%

The stock has a market cap of $364.64 million, a PE ratio of 17.15 and a beta of 1.11. The company has a fifty day moving average of $38.37 and a 200-day moving average of $38.73.

Value Line (NASDAQ:VALU) last posted its quarterly earnings data on Monday, September 15th. The financial services provider reported $0.69 earnings per share (EPS) for the quarter. The firm had revenue of $8.61 million for the quarter. Value Line had a return on equity of 21.35% and a net margin of 61.09%.

Value Line Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, November 10th. Investors of record on Monday, October 27th will be issued a $0.325 dividend. This represents a $1.30 annualized dividend and a dividend yield of 3.4%. The ex-dividend date is Monday, October 27th. Value Line’s payout ratio is currently 57.52%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of VALU. Cloud Capital Management LLC acquired a new position in Value Line during the 1st quarter worth $127,000. Strs Ohio acquired a new position in Value Line during the 1st quarter worth $356,000. Finally, Oppenheimer & Co. Inc. grew its stake in Value Line by 284.5% during the 1st quarter. Oppenheimer & Co. Inc. now owns 21,150 shares of the financial services provider’s stock worth $818,000 after purchasing an additional 15,650 shares in the last quarter. 6.26% of the stock is owned by institutional investors and hedge funds.

Value Line Company Profile

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.