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

Value Line, Inc. (NASDAQ:VALU - Get Free Report)'s share price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred 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, Wall Street Zen lowered Value Line from a "buy" rating to a "hold" rating in a report on Thursday, February 27th.

Value Line Price Performance

The firm has a fifty day simple moving average of $39.31 and a 200 day simple moving average of $43.99. The company has a market capitalization of $363.19 million, a price-to-earnings ratio of 16.42 and a beta of 1.08.

Value Line (NASDAQ:VALU - Get Free Report) last issued its quarterly earnings results on Friday, March 14th. The financial services provider reported $0.55 earnings per share (EPS) for the quarter. The firm 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 in the prior year, the firm earned $1.51 earnings per share.

Value Line Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, May 12th. Stockholders of record on Monday, April 28th were paid a $0.325 dividend. The ex-dividend date was Monday, April 28th. This is a positive change from Value Line's previous quarterly dividend of $0.30. This represents a $1.30 dividend on an annualized basis and a dividend yield of 3.37%. Value Line's payout ratio is currently 57.02%.

Hedge Funds Weigh In On Value Line

A number of institutional investors have recently added to or reduced their stakes in VALU. Oppenheimer & Co. Inc. lifted its position in Value Line by 284.5% during the first quarter. Oppenheimer & Co. Inc. now owns 21,150 shares of the financial services provider's stock worth $818,000 after buying an additional 15,650 shares in the last quarter. Arrowstreet Capital Limited Partnership purchased a new position in Value Line during the fourth quarter worth approximately $311,000. Auxier Asset Management purchased a new position in Value Line during the fourth quarter worth approximately $224,000. Cloud Capital Management LLC purchased a new position in Value Line during the first quarter worth approximately $127,000. Finally, JPMorgan Chase & Co. lifted its position in Value Line by 180.4% during the fourth quarter. JPMorgan Chase & Co. now owns 4,382 shares of the financial services provider's stock worth $231,000 after buying an additional 2,819 shares in the last quarter. Hedge funds and other institutional investors 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.