MV Oil Trust (NYSE:MVO) hit a new 52-week low on Tuesday . The company traded as low as $4.81 and last traded at $4.81, with a volume of 21,516 shares trading hands. The stock had previously closed at $4.86.

The firm’s 50 day moving average price is $5.41 and its 200 day moving average price is $6.11. The firm has a market capitalization of $55.32 million, a PE ratio of 7.52 and a beta of 0.27.

MV Oil Trust (NYSE:MVO) last posted its quarterly earnings data on Wednesday, August 9th. The oil and gas producer reported $0.25 EPS for the quarter. The business had revenue of $3.08 million during the quarter. Equities research analysts forecast that MV Oil Trust will post $1.74 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 25th. Stockholders of record on Friday, July 14th were paid a $0.225 dividend. The ex-dividend date of this dividend was Wednesday, July 12th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 18.71%. MV Oil Trust’s payout ratio is presently 140.63%.

A number of institutional investors have recently modified their holdings of MVO. Shoker Investment Counsel Inc. raised its position in shares of MV Oil Trust by 1.4% in the second quarter. Shoker Investment Counsel Inc. now owns 107,806 shares of the oil and gas producer’s stock valued at $626,000 after buying an additional 1,456 shares in the last quarter. Benjamin F. Edwards & Company Inc. raised its position in shares of MV Oil Trust by 11.2% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 19,779 shares of the oil and gas producer’s stock valued at $115,000 after buying an additional 2,000 shares in the last quarter. Finally, Renaissance Technologies LLC purchased a new position in shares of MV Oil Trust during the fourth quarter valued at about $301,000. Hedge funds and other institutional investors own 10.56% of the company’s stock.

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MV Oil Trust Company Profile

MV Oil Trust (the Trust) is a statutory trust. The Trust acquires and holds a term net profits interest for the benefit of the Trust unitholders. Its underlying properties consist of MV Partners, LLC’s (MV Partners) net interests in all of its oil and natural gas properties, which are located in the Mid-Continent region in the States of Kansas and Colorado.

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