VOC Energy Trust (NYSE:VOC) Shares Cross Above 200 Day Moving Average - What's Next?

Key Points

• Technical breakout: Shares of VOC Energy Trust crossed above its 200‑day moving average ($3.05) on Friday, trading as high as $3.33 and last at $3.2570 on volume of 71,225.
• High dividend but risk: VOC paid a quarterly dividend of $0.09 (annualized $0.36) for a yield of about 11.1%, with a payout ratio near 81.8%, indicating a generous yield but limited coverage.
• Analyst sentiment: Brokerages are mixed, but MarketBeat shows an average rating of "Sell", despite a recent upgrade to "Hold" from Wall Street Zen and a "Sell (d)" from Weiss Ratings.

Shares of VOC Energy Trust (NYSE:VOC - Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $3.05 and traded as high as $3.33. VOC Energy Trust shares last traded at $3.2570, with a volume of 71,225 shares changing hands.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on VOC. Wall Street Zen upgraded shares of VOC Energy Trust to a "hold" rating in a report on Friday, January 23rd. Weiss Ratings restated a "sell (d)" rating on shares of VOC Energy Trust in a report on Friday, March 27th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, VOC Energy Trust currently has an average rating of "Sell".

VOC Energy Trust Stock Performance

The firm has a 50-day moving average price of $3.29 and a 200-day moving average price of $3.05. The stock has a market cap of $55.37 million, a PE ratio of 7.40 and a beta of 0.23.

VOC Energy Trust (NYSE:VOC - Get Free Report) last posted its quarterly earnings results on Tuesday, March 24th. The oil and gas producer reported $0.11 earnings per share (EPS) for the quarter. The firm had revenue of $2.08 million during the quarter. VOC Energy Trust had a return on equity of 67.64% and a net margin of 85.78%.

VOC Energy Trust Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 13th. Stockholders of record on Friday, January 30th were given a $0.09 dividend. This represents a $0.36 annualized dividend and a dividend yield of 11.1%. The ex-dividend date of this dividend was Friday, January 30th. VOC Energy Trust's payout ratio is currently 81.82%.

Hedge Funds Weigh In On VOC Energy Trust

A hedge fund recently bought a new stake in VOC Energy Trust stock. International Assets Investment Management LLC purchased a new position in VOC Energy Trust (NYSE:VOC - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund 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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