Value and Indexed Property Income (LON:VIP) Share Price Passes Above Fifty Day Moving Average – What’s Next?

Value and Indexed Property Income (LON:VIP) shares crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 197.49 and traded as high as GBX 199. Value and Indexed Property Income shares last traded at GBX 199, with a volume of 21,922 shares.

Analyst Upgrades and Downgrades

Several research firms have weighed in on VIP. Berenberg Bank dropped their target price on Value and Indexed Property Income from GBX 200 to GBX 199 and set a “hold” rating for the company in a research report on Monday, November 17th. Shore Capital restated a “house stock” rating on shares of Value and Indexed Property Income in a report on Monday, November 17th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of GBX 199.

Value and Indexed Property Income Stock Down 0.8%

The firm has a market cap of £81.93 million, a PE ratio of 13.64 and a beta of 0.98. The company has a current ratio of 2.84, a quick ratio of 22.47 and a debt-to-equity ratio of 67.96. The firm has a 50 day moving average price of GBX 197.49 and a 200-day moving average price of GBX 202.07.

Value and Indexed Property Income (LON:VIP) last issued its earnings results on Tuesday, November 18th. The company reported GBX 5.64 earnings per share for the quarter. Value and Indexed Property Income had a net margin of 73.71% and a return on equity of 4.55%. Research analysts forecast that Value and Indexed Property Income will post 1246.2897262 EPS for the current fiscal year.

About Value and Indexed Property Income

Value and Income Trust plc is a closed-ended equity mutual fund launched by Value & Income Services Limited. The fund is co-managed by OLIM Ltd. and OLIM Property Limited. It invests in the public equity markets of the United Kingdom. The fund also invests in convertible securities. It seeks to invest in stocks of companies operating across diversified sectors.