Value and Indexed Property Income (LON:VIP) Shares Cross Above Fifty Day Moving Average – Time to Sell?

Shares of Value and Indexed Property Income (LON:VIP) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 203.06 and traded as high as GBX 206. Value and Indexed Property Income shares last traded at GBX 206, with a volume of 57,232 shares changing hands.

Analysts Set New Price Targets

VIP has been the topic of a number of analyst reports. Shore Capital Group reaffirmed a “house stock” rating on shares of Value and Indexed Property Income in a research report on Monday, November 17th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 199 price target on shares of Value and Indexed Property Income in a report on Monday, January 26th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, Value and Indexed Property Income currently has a consensus rating of “Buy” and an average price target of GBX 199.

Value and Indexed Property Income Price Performance

The stock’s 50 day simple moving average is GBX 203.06 and its 200-day simple moving average is GBX 202.08. The firm has a market cap of £83.05 million, a price-to-earnings ratio of 16.05 and a beta of 0.98. The company has a debt-to-equity ratio of 67.96, a quick ratio of 22.47 and a current ratio of 2.84.

Value and Indexed Property Income (LON:VIP) last posted its quarterly earnings data on Tuesday, November 18th. The company reported GBX 5.64 EPS for the quarter. Value and Indexed Property Income had a net margin of 73.71% and a return on equity of 4.55%. Equities research analysts anticipate that Value and Indexed Property Income will post 1246.2897262 EPS 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.