Value Line (NASDAQ:VALU) Stock Price Crosses Below Two Hundred Day Moving Average – Here’s Why

Shares of Value Line, Inc. (NASDAQ:VALU) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $37.78 and traded as low as $36.25. Value Line shares last traded at $36.31, with a volume of 2,306 shares.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “hold (c-)” rating on shares of Value Line in a report on Monday, December 29th. One analyst has rated the stock with a Hold rating, According to MarketBeat, the company presently has an average rating of “Hold”.

Value Line Price Performance

The stock has a market cap of $340.95 million, a price-to-earnings ratio of 16.07 and a beta of 1.20. The stock’s 50 day simple moving average is $37.51 and its two-hundred day simple moving average is $37.78.

Value Line (NASDAQ:VALU) last issued its earnings results on Monday, December 15th. The financial services provider reported $0.60 earnings per share for the quarter. The business had revenue of $8.56 million for the quarter. Value Line had a net margin of 61.58% and a return on equity of 20.88%.

Value Line Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 10th. Stockholders of record on Monday, January 26th were paid a $0.325 dividend. This represents a $1.30 annualized dividend and a dividend yield of 3.6%. The ex-dividend date was Monday, January 26th. Value Line’s dividend payout ratio is currently 57.52%.

Value Line declared that its Board of Directors has initiated a share buyback program on Wednesday, October 29th that authorizes the company to repurchase $2,000.00 billion in shares. This repurchase authorization authorizes the financial services provider to purchase up to 547,465.2% of its shares through open market purchases. Shares repurchase programs are often an indication that the company’s management believes its stock is undervalued.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Neuberger Berman Group LLC lifted its holdings in shares of Value Line by 3.5% during the third quarter. Neuberger Berman Group LLC now owns 114,473 shares of the financial services provider’s stock valued at $4,474,000 after acquiring an additional 3,923 shares during the period. Teton Advisors LLC acquired a new stake in shares of Value Line during the 3rd quarter worth about $1,171,000. Wells Fargo & Company MN lifted its holdings in Value Line by 1.4% during the 4th quarter. Wells Fargo & Company MN now owns 27,018 shares of the financial services provider’s stock valued at $1,038,000 after purchasing an additional 370 shares during the last quarter. Oppenheimer & Co. Inc. grew its stake in Value Line by 23.9% during the fourth quarter. Oppenheimer & Co. Inc. now owns 22,018 shares of the financial services provider’s stock worth $846,000 after buying an additional 4,250 shares during the last quarter. Finally, Capital Investment Counsel Inc increased its holdings in shares of Value Line by 5.4% during the fourth quarter. Capital Investment Counsel Inc now owns 9,774 shares of the financial services provider’s stock worth $376,000 after buying an additional 500 shares in the last quarter. 6.26% of the stock is currently owned by institutional investors and hedge funds.

Value Line Company Profile

Value Line, Inc is a New York–based independent investment research and financial publishing company known for its flagship product, the Value Line Investment Survey. Established in 1931 by Arnold Bernhard, the firm provides timely data, analysis and investment recommendations on a broad universe of equities. Its research covers approximately 1,700 U.S. and Canadian stocks, offering proprietary rankings that help individual investors and financial advisors identify potential opportunities based on relative price performance, earnings outlook and risk metrics.

In addition to the Investment Survey, Value Line offers a suite of digital products and services designed to meet the evolving needs of its clientele.