VOC Energy Trust (NYSE:VOC) Share Price Crosses Above 200 Day Moving Average - What's Next?

Key Points

• VOC Energy Trust shares crossed above their 200-day moving average, reaching $3.41 before closing at $3.37, compared with the $3.20 average.
• Analysts remain bearish: Weiss Ratings reiterated a “sell (d+)” rating, and MarketBeat lists a consensus “Sell” rating.
• The trust increased its quarterly dividend to $0.28 per share, implying a 33.2% annualized yield, although its payout ratio rose to 273.17%.

VOC Energy Trust (NYSE:VOC - Get Free Report) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $3.20 and traded as high as $3.41. VOC Energy Trust shares last traded at $3.37, with a volume of 20,617 shares trading hands.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a "sell (d+)" rating on shares of VOC Energy Trust in a report on Tuesday, July 21st. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, VOC Energy Trust has a consensus rating of "Sell".

VOC Energy Trust Trading Down 0.6%

The stock has a 50 day simple moving average of $3.17 and a 200-day simple moving average of $3.20. The firm has a market capitalization of $57.29 million, a P/E ratio of 8.22 and a beta of 0.14.

VOC Energy Trust (NYSE:VOC - Get Free Report) last released its quarterly earnings results on Monday, August 10th. The oil and gas producer reported $0.10 EPS for the quarter. VOC Energy Trust had a net margin of 91.51% and a return on equity of 68.92%. The firm had revenue of $1.70 million during the quarter.

VOC Energy Trust Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, August 14th. Shareholders of record on Thursday, July 30th were issued a dividend of $0.28 per share. This is an increase from VOC Energy Trust's previous quarterly dividend of $0.10. This represents a $1.12 dividend on an annualized basis and a yield of 33.2%. The ex-dividend date of this dividend was Thursday, July 30th. VOC Energy Trust's dividend payout ratio is currently 273.17%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in VOC Energy Trust stock. International Assets Investment Management LLC purchased a new position in shares of VOC Energy Trust (NYSE:VOC - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 10,000 shares of the oil and gas producer's stock, valued at approximately $27,000. International Assets Investment Management LLC owned about 0.06% of VOC Energy Trust at the end of the most recent reporting period.

About VOC Energy Trust

VOC Energy Trust is a Canada-based unincorporated, open-ended royalty trust focused on upstream oil and gas interests. Headquartered in Calgary, Alberta, the trust holds non-operated royalty and net profit interests in conventional petroleum and natural gas properties. VOC's structure allows it to collect a percentage of production revenues without directly managing exploration or drilling activities.

The trust's asset portfolio is concentrated in the Western Canadian Sedimentary Basin, with producing properties across Alberta, Saskatchewan and British Columbia.

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