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

Value Line, Inc. (NASDAQ:VALU) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $38.00 and traded as low as $37.15. Value Line shares last traded at $37.26, with a volume of 1,129 shares trading hands.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “hold (c-)” rating on shares of Value Line in a report on Monday, December 29th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, Value Line has a consensus rating of “Hold”.

Value Line Stock Performance

The company has a 50-day moving average of $37.52 and a 200-day moving average of $37.98. The stock has a market capitalization of $349.78 million, a price-to-earnings ratio of 16.48 and a beta of 1.21.

Value Line (NASDAQ:VALU) last released 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 return on equity of 20.88% and a net margin of 61.58%.The company had revenue of $8.56 million during the quarter.

Value Line Announces Dividend

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

Value Line announced that its Board of Directors has initiated a share buyback 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 reacquire up to 547,465.2% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s board believes its shares are undervalued.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. Neuberger Berman Group LLC increased its stake in shares of Value Line by 3.5% during 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 acquiring an additional 3,923 shares during the last quarter. Teton Advisors LLC acquired a new position in shares of Value Line in the 3rd quarter valued at $1,171,000. Strs Ohio purchased a new stake in shares of Value Line during the 1st quarter valued at $356,000. Millennium Management LLC acquired a new stake in shares of Value Line during the 3rd quarter worth $334,000. Finally, Cloud Capital Management LLC acquired a new stake in shares of Value Line during the 3rd quarter worth $128,000. Hedge funds and other institutional investors own 6.26% of the company’s stock.

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.