Value and Indexed Property Income (LON:VIP) Stock Price Passes Above 50 Day Moving Average - Time to Sell?

Value and Indexed Property Income (LON:VIP - Get Free Report)'s stock price passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 188.60 ($2.53) and traded as high as GBX 202.98 ($2.72). Value and Indexed Property Income shares last traded at GBX 189.99 ($2.54), with a volume of 101,288 shares changing hands.

Value and Indexed Property Income Stock Down 0.4%

The firm has a fifty day moving average of GBX 188.91 and a 200-day moving average of GBX 187.56. The company has a quick ratio of 22.47, a current ratio of 2.84 and a debt-to-equity ratio of 67.96. The firm has a market cap of £82.53 million, a P/E ratio of 19.65 and a beta of 0.98.

Value and Indexed Property Income Announces Dividend

The business also recently declared a dividend, which was paid on Friday, April 25th. Shareholders of record on Thursday, March 27th were given a dividend of GBX 3.40 ($0.05) per share. This represents a dividend yield of 1.81%. The ex-dividend date was Thursday, March 27th. Value and Indexed Property Income's dividend payout ratio (DPR) is 132.64%.

Value and Indexed Property Income Company Profile

Value and Income Trust plc is a closed-ended equity mutual fund launched by Value & Income Services Limited. The fund is co-managed by OLIM Ltd. and OLIM Property Limited. It invests in the public equity markets of the United Kingdom. The fund also invests in convertible securities. It seeks to invest in stocks of companies operating across diversified sectors.