Value and Indexed Property Income (LON:VIP) Stock Crosses Above Fifty Day Moving Average – Should You Sell?

Value and Indexed Property Income (LON:VIP)’s share price crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 203.13 and traded as high as GBX 205. Value and Indexed Property Income shares last traded at GBX 203, with a volume of 9,380 shares.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. Berenberg Bank reaffirmed a “buy” rating and set a GBX 199 price target on shares of Value and Indexed Property Income in a report on Monday, January 26th. Shore Capital Group restated a “house stock” rating on shares of Value and Indexed Property Income in a research report on Monday, November 17th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Value and Indexed Property Income has an average rating of “Buy” and a consensus price target of GBX 199.

Value and Indexed Property Income Price Performance

The business’s fifty day moving average price is GBX 203.13 and its 200 day moving average price is GBX 201.60. The company has a debt-to-equity ratio of 67.96, a current ratio of 2.84 and a quick ratio of 22.47. The stock has a market cap of £82.24 million, a P/E ratio of 15.90 and a beta of 0.98.

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.