Value Line (NASDAQ:VALU) Share Price Passes Below 200-Day Moving Average – What’s Next?

Value Line, Inc. (NASDAQ:VALU) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $44.57 and traded as low as $40.50. Value Line shares last traded at $40.70, with a volume of 6,160 shares changing hands.

Wall Street Analyst Weigh In

Separately, StockNews.com cut Value Line from a “buy” rating to a “hold” rating in a research note on Thursday, February 27th.

Value Line Stock Performance

The firm has a market cap of $383.15 million, a price-to-earnings ratio of 17.32 and a beta of 1.08. The firm has a 50-day moving average price of $39.55 and a two-hundred day moving average price of $44.57.

Value Line (NASDAQ:VALU) last issued its earnings results on Friday, March 14th. The financial services provider reported $0.55 earnings per share for the quarter. The business had revenue of $8.97 million for the quarter. Value Line had a return on equity of 24.00% and a net margin of 62.02%. During the same period last year, the business posted $1.51 EPS.

Value Line Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, May 12th. Shareholders of record on Monday, April 28th were given a dividend of $0.325 per share. This is a positive change from Value Line’s previous quarterly dividend of $0.30. The ex-dividend date was Monday, April 28th. This represents a $1.30 annualized dividend and a yield of 3.19%. Value Line’s payout ratio is 57.02%.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in VALU. Barclays PLC increased its position in Value Line by 340.6% during the third quarter. Barclays PLC now owns 1,150 shares of the financial services provider’s stock worth $53,000 after buying an additional 889 shares during the period. JPMorgan Chase & Co. increased its holdings in shares of Value Line by 144.2% in the third quarter. JPMorgan Chase & Co. now owns 1,563 shares of the financial services provider’s stock valued at $73,000 after purchasing an additional 923 shares during the period. Cloud Capital Management LLC acquired a new position in shares of Value Line in the first quarter valued at approximately $127,000. Auxier Asset Management acquired a new position in shares of Value Line in the fourth quarter valued at approximately $224,000. Finally, Arrowstreet Capital Limited Partnership acquired a new position in shares of Value Line in the fourth quarter valued at approximately $311,000. Institutional investors and hedge funds own 6.26% of the company’s stock.

About Value Line

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.