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

Key Points

• Value Line, Inc. shares have recently crossed below their 200-day moving average of $38.72, trading as low as $38.36, prompting concerns about potential selling pressure.
• Analysts have mostly rated Value Line as a "hold," with Wall Street Zen upgrading the stock recently, while Weiss Ratings maintained a similar rating.
• The company announced a quarterly dividend of $0.325 per share with a dividend yield of 3.4%, reflecting a payout ratio of 57.52%.

Shares of Value Line, Inc. (NASDAQ:VALU - Get Free Report) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-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 traded.

Analysts Set New Price Targets

VALU has been the subject of a number of research reports. Wall Street Zen upgraded Value Line to a "hold" rating in a research report on Saturday, September 13th. Weiss Ratings reiterated a "hold (c-)" rating on shares of Value Line in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock currently has an average rating of "Hold".

Value Line Stock Performance

The firm has a market cap of $365.11 million, a P/E ratio of 17.17 and a beta of 1.11. The company has a 50-day moving average of $38.34 and a 200 day moving average of $38.72.

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

Value Line Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, August 11th. Investors of record on Monday, July 28th were given a dividend of $0.325 per share. 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 57.52%.

Institutional Investors Weigh In On Value Line

Hedge funds and other institutional investors have recently bought and sold shares of the business. Cloud Capital Management LLC acquired a new stake in Value Line during the 1st quarter valued at $127,000. Strs Ohio acquired a new stake in Value Line during the 1st quarter valued at $356,000. Finally, Oppenheimer & Co. Inc. increased its holdings in Value Line by 284.5% during the 1st quarter. Oppenheimer & Co. Inc. now owns 21,150 shares of the financial services provider's stock valued at $818,000 after purchasing an additional 15,650 shares in the last quarter. 6.26% of the stock is owned by institutional investors and hedge funds.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.