Value Line (NASDAQ:VALU) Share Price Passes Below 200-Day Moving Average – Should You Sell?

Value Line, Inc. (NASDAQ:VALU) shares passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $37.83 and traded as low as $37.20. Value Line shares last traded at $37.20, with a volume of 2,400 shares changing hands.

Analyst Upgrades and Downgrades

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

Value Line Stock Down 0.1%

The stock has a market cap of $349.31 million, a P/E ratio of 16.46 and a beta of 1.20. The stock has a fifty day simple moving average of $37.71 and a 200-day simple moving average of $37.83.

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

Value Line Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, February 10th. Stockholders of record on Monday, January 26th were given a dividend of $0.325 per share. This represents a $1.30 dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date of this dividend was Monday, January 26th. Value Line’s dividend payout ratio (DPR) is currently 57.52%.

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

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in VALU. Wells Fargo & Company MN increased 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 worth $1,038,000 after purchasing an additional 370 shares in the last quarter. Barclays PLC boosted its position in shares of Value Line by 36.7% during the fourth quarter. Barclays PLC now owns 1,547 shares of the financial services provider’s stock worth $59,000 after buying an additional 415 shares during the period. Capital Investment Counsel Inc grew 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. Cloud Capital Management LLC bought a new position in shares of Value Line during the third quarter worth about $128,000. Finally, Neuberger Berman Group LLC raised its position in Value Line by 3.5% in the 3rd quarter. Neuberger Berman Group LLC now owns 114,473 shares of the financial services provider’s stock valued at $4,474,000 after buying an additional 3,923 shares during the last quarter. 6.26% of the stock is currently owned by institutional investors.

About Value Line

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.