VOC Energy Trust (NYSE:VOC) Shares Cross Above Two Hundred Day Moving Average – Should You Sell?

VOC Energy Trust (NYSE:VOC)’s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $2.93 and traded as high as $3.84. VOC Energy Trust shares last traded at $3.56, with a volume of 299,620 shares changing hands.

Analyst Upgrades and Downgrades

VOC has been the subject of several recent analyst reports. Weiss Ratings restated a “sell (d)” rating on shares of VOC Energy Trust in a research report on Monday, December 29th. Wall Street Zen upgraded VOC Energy Trust to a “hold” rating in a research report on Friday, January 23rd. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

VOC Energy Trust Price Performance

The firm’s fifty day moving average is $3.05 and its two-hundred day moving average is $2.94. The firm has a market cap of $60.35 million, a price-to-earnings ratio of 6.96 and a beta of 0.30.

VOC Energy Trust Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 13th. Stockholders of record on Friday, January 30th were issued a $0.09 dividend. The ex-dividend date was Friday, January 30th. This represents a $0.36 annualized dividend and a dividend yield of 10.1%. VOC Energy Trust’s dividend payout ratio (DPR) is 70.59%.

Institutional Investors Weigh In On VOC Energy Trust

A hedge fund recently raised its stake in VOC Energy Trust stock. 180 Wealth Advisors LLC raised its position in shares of VOC Energy Trust (NYSE:VOC) by 12.3% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 310,742 shares of the oil and gas producer’s stock after purchasing an additional 34,013 shares during the quarter. 180 Wealth Advisors LLC owned about 1.83% of VOC Energy Trust worth $910,000 as of its most recent SEC filing.

About VOC Energy Trust

VOC Energy Trust is a Canada-based unincorporated, open-ended royalty trust focused on upstream oil and gas interests. Headquartered in Calgary, Alberta, the trust holds non-operated royalty and net profit interests in conventional petroleum and natural gas properties. VOC’s structure allows it to collect a percentage of production revenues without directly managing exploration or drilling activities.

The trust’s asset portfolio is concentrated in the Western Canadian Sedimentary Basin, with producing properties across Alberta, Saskatchewan and British Columbia.