Value and Indexed Property Income (LON:VIP) Stock Crosses Above Fifty Day Moving Average – Here’s Why

Value and Indexed Property Income (LON:VIP) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 202.79 and traded as high as GBX 206.50. Value and Indexed Property Income shares last traded at GBX 204.70, with a volume of 12,084 shares.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. Berenberg Bank reissued a “buy” rating and set a GBX 199 price objective on shares of Value and Indexed Property Income in a report on Monday, January 26th. Shore Capital Group reissued a “house stock” rating on shares of Value and Indexed Property Income in a research note on Monday, November 17th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, Value and Indexed Property Income currently has an average rating of “Buy” and a consensus target price of GBX 199.

Value and Indexed Property Income Stock Performance

The firm has a market capitalization of £82.64 million, a P/E ratio of 15.97 and a beta of 0.98. The company has a 50-day moving average of GBX 202.79 and a 200-day moving average of GBX 202.41. The company has a current ratio of 2.84, a quick ratio of 22.47 and a debt-to-equity ratio of 67.96.

Value and Indexed Property Income (LON:VIP) last released its quarterly earnings results on Tuesday, November 18th. The company reported GBX 5.64 EPS for the quarter. Value and Indexed Property Income had a return on equity of 4.55% and a net margin of 73.71%. On average, equities analysts anticipate that Value and Indexed Property Income will post 1246.2897262 earnings per share for the current fiscal year.

About Value and Indexed Property Income

Value and Income Trust plc is a closed-ended equity mutual fund launched by Value & Income Services Limited. The fund is co-managed by OLIM Ltd. and OLIM Property Limited. It invests in the public equity markets of the United Kingdom. The fund also invests in convertible securities. It seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in dividend paying stocks of small and mid cap companies. The fund also directly invests in commercial property.