VOC Energy Trust (NYSE:VOC - Get Free Report)'s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $2.93 and traded as high as $3.84. VOC Energy Trust shares last traded at $3.56, with a volume of 299,620 shares traded.
Wall Street Analysts Forecast Growth
Several analysts recently issued reports on the stock. Wall Street Zen raised shares of VOC Energy Trust to a "hold" rating in a research note on Friday, January 23rd. Weiss Ratings reissued a "sell (d)" rating on shares of VOC Energy Trust in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has a consensus rating of "Sell".
Read Our Latest Research Report on VOC
VOC Energy Trust Stock Performance
The business has a 50 day simple moving average of $3.02 and a 200-day simple moving average of $2.93. The firm has a market capitalization of $60.52 million, a price-to-earnings ratio of 6.98 and a beta of 0.30.
VOC Energy Trust Cuts Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, February 13th. Shareholders of record on Friday, January 30th were issued a $0.09 dividend. This represents a $0.36 annualized dividend and a yield of 10.1%. The ex-dividend date was Friday, January 30th. VOC Energy Trust's payout ratio is presently 70.59%.
Institutional Inflows and Outflows
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) during the fourth quarter, according to the company in 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.
About VOC Energy Trust
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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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