VOC Energy Trust (NYSE:VOC) Share Price Crosses Above 200-Day Moving Average - Should You Sell?

Key Points

• VOC Energy Trust shares rose above their 200-day moving average, reaching $3.34 and last trading at $3.29, compared with a 200-day average of $3.16.
• Despite the technical move, analyst sentiment remains negative: Weiss Ratings reiterated a “sell (d+)” rating, and MarketBeat reports a consensus “Sell” rating.
• The trust increased its quarterly dividend to $0.28 per share, implying a $1.12 annualized payout and a 34% yield; however, its payout ratio is exceptionally high at 273.17%.

Shares of VOC Energy Trust (NYSE:VOC - Get Free Report) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $3.16 and traded as high as $3.34. VOC Energy Trust shares last traded at $3.29, with a volume of 66,018 shares traded.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a "sell (d+)" rating on shares of VOC Energy Trust in a report on Tuesday, July 21st. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, VOC Energy Trust currently has a consensus rating of "Sell".

VOC Energy Trust Stock Performance

The company has a market capitalization of $55.93 million, a PE ratio of 8.02 and a beta of 0.12. The business has a fifty day moving average price of $3.03 and a 200 day moving average price of $3.16.

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

VOC Energy Trust Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 14th. Shareholders of record on Thursday, July 30th were paid 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 annualized dividend and a yield of 34.0%. The ex-dividend date was Thursday, July 30th. VOC Energy Trust's payout ratio is presently 273.17%.

Institutional Investors Weigh In On VOC Energy Trust

An institutional investor recently bought a new position in VOC Energy Trust stock. International Assets Investment Management LLC bought a new stake in VOC Energy Trust (NYSE:VOC - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 10,000 shares of the oil and gas producer's stock, valued at approximately $27,000. International Assets Investment Management LLC owned 0.06% of VOC Energy Trust as of its most recent SEC filing.

VOC Energy Trust Company Profile

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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