Value Line (NASDAQ:VALU) Shares Cross Below 200 Day Moving Average – Time to Sell?

Shares of Value Line, Inc. (NASDAQ:VALUGet Free Report) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $38.72 and traded as low as $38.36. Value Line shares last traded at $38.80, with a volume of 2,919 shares trading hands.

Analysts Set New Price Targets

Several equities research analysts have recently commented on VALU shares. Wall Street Zen raised Value Line to a “hold” rating in a research note on Saturday, September 13th. Weiss Ratings reissued a “hold (c-)” rating on shares of Value Line in a research note on Wednesday, October 8th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Value Line has a consensus rating of “Hold”.

View Our Latest Research Report on VALU

Value Line Trading Down 3.0%

The company has a market capitalization of $365.11 million, a price-to-earnings ratio of 17.17 and a beta of 1.11. The company has a 50 day moving average price of $38.34 and a 200 day moving average price of $38.72.

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

Value Line Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, August 11th. Stockholders of record on Monday, July 28th were given a $0.325 dividend. This represents a $1.30 annualized dividend and a dividend yield of 3.4%. The ex-dividend date was Monday, July 28th. Value Line’s dividend payout ratio (DPR) is currently 57.52%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in VALU. Cloud Capital Management LLC bought a new position in shares of Value Line in the 1st quarter worth $127,000. Strs Ohio bought a new position in shares of Value Line in the 1st quarter worth $356,000. Finally, Oppenheimer & Co. Inc. boosted its position in shares of Value Line by 284.5% in 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 during the last quarter. 6.26% of the stock is currently owned by institutional investors.

About Value Line

(Get Free Report)

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.

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