Value Line (NASDAQ:VALU) Share Price Crosses Below 200-Day Moving Average – Here’s Why

Value Line, Inc. (NASDAQ:VALU)’s stock price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $44.18 and traded as low as $39.75. Value Line shares last traded at $39.75, with a volume of 609 shares.

Wall Street Analyst Weigh In

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

Value Line Price Performance

The business has a 50 day moving average price of $39.32 and a 200 day moving average price of $44.18. The firm has a market capitalization of $374.21 million, a P/E ratio of 16.91 and a beta of 1.08.

Value Line (NASDAQ:VALU) last posted its quarterly earnings data on Friday, March 14th. The financial services provider reported $0.55 EPS 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 quarter in the previous year, the firm posted $1.51 earnings per share.

Value Line Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, May 12th. Investors of record on Monday, April 28th were paid a dividend of $0.325 per share. This represents a $1.30 annualized dividend and a yield of 3.27%. This is a positive change from Value Line’s previous quarterly dividend of $0.30. The ex-dividend date was Monday, April 28th. Value Line’s payout ratio is currently 57.02%.

Institutional Investors Weigh In On Value Line

Several large investors have recently modified their holdings of the stock. Barclays PLC lifted its holdings in Value Line by 340.6% during the 3rd quarter. Barclays PLC now owns 1,150 shares of the financial services provider’s stock worth $53,000 after buying an additional 889 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in Value Line by 144.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,563 shares of the financial services provider’s stock worth $73,000 after purchasing an additional 923 shares in the last quarter. Cloud Capital Management LLC bought a new position in Value Line during the 1st quarter worth about $127,000. Auxier Asset Management bought a new position in Value Line during the 4th quarter worth about $224,000. Finally, Arrowstreet Capital Limited Partnership bought a new position in shares of Value Line in the 4th quarter valued at about $311,000. 6.26% of the stock is currently owned by institutional investors.

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.