Weiss Ratings Reiterates "Sell (D+)" Rating for VOC Energy Trust (NYSE:VOC)

Key Points

• Weiss Ratings has reaffirmed a "sell (D+)" rating for VOC Energy Trust (NYSE:VOC), indicating ongoing concerns about the company's stock performance.
• On Friday, VOC Energy Trust's stock traded down to $3.23, with a trading volume of 141,777 shares, significantly higher than its average volume.
• The company reported $0.13 earnings per share for the most recent quarter, with a high net margin of 88.65% and substantial revenue of $2.48 million.

VOC Energy Trust (NYSE:VOC - Get Free Report)'s stock had its "sell (d+)" rating reaffirmed by Weiss Ratings in a report released on Friday,Weiss Ratings reports.

VOC Energy Trust Stock Performance

Shares of VOC Energy Trust stock traded down $0.07 during trading hours on Friday, reaching $3.23. The company's stock had a trading volume of 141,777 shares, compared to its average volume of 77,511. The company has a market capitalization of $54.91 million, a P/E ratio of 5.57 and a beta of 0.32. The stock's fifty day simple moving average is $2.84 and its two-hundred day simple moving average is $2.91. VOC Energy Trust has a one year low of $2.44 and a one year high of $5.69.

VOC Energy Trust (NYSE:VOC - Get Free Report) last announced its quarterly earnings results on Tuesday, August 12th. The oil and gas producer reported $0.13 earnings per share for the quarter. VOC Energy Trust had a net margin of 88.65% and a return on equity of 83.54%. The business had revenue of $2.48 million for the quarter.

Institutional Trading of VOC Energy Trust

Several hedge funds have recently made changes to their positions in VOC. Janney Montgomery Scott LLC bought a new stake in VOC Energy Trust in the 1st quarter valued at about $53,000. XTX Topco Ltd bought a new position in VOC Energy Trust in the 1st quarter worth approximately $61,000. Finally, 180 Wealth Advisors LLC grew its stake in VOC Energy Trust by 12.3% in the 3rd quarter. 180 Wealth Advisors LLC now owns 310,742 shares of the oil and gas producer's stock valued at $910,000 after buying an additional 34,013 shares in the last quarter.

About VOC Energy Trust

VOC Energy Trust acquires and holds a term net profits interest of the net proceeds from production and sale of the interests in oil and natural gas properties in the states of Kansas and Texas. The company has an 80% term net profits interest of the net proceeds on the underlying properties. As of December 31, 2021, its underlying properties had interests in 452.5 net producing wells and 51,147.2 net acres.

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