Value Line (NASDAQ:VALU) Receives New Coverage from Analysts at StockNews.com

Equities researchers at StockNews.com initiated coverage on shares of Value Line (NASDAQ:VALU) in a research report issued on Friday. The brokerage set a “hold” rating on the financial services provider’s stock.

Value Line Stock Up 1.6 %

Shares of VALU stock opened at $37.90 on Friday. The stock has a market capitalization of $357.40 million, a PE ratio of 19.54 and a beta of 0.80. Value Line has a 52-week low of $32.07 and a 52-week high of $62.09. The stock’s 50-day moving average price is $39.25 and its 200 day moving average price is $42.29.

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

Hedge Funds Weigh In On Value Line

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Auxier Asset Management acquired a new position in Value Line during the 4th quarter worth approximately $207,000. Stratos Wealth Partners LTD. acquired a new position in Value Line during the 4th quarter worth approximately $215,000. Valmark Advisers Inc. acquired a new position in Value Line during the 4th quarter worth approximately $268,000. Finally, Capital Investment Counsel Inc acquired a new position in Value Line during the 4th quarter worth approximately $350,000. Institutional investors and hedge funds own 6.26% of the company’s stock.

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.