Value Line (NASDAQ:VALU) Share Price Crosses Below 200 Day Moving Average – What’s Next?

Value Line, Inc. (NASDAQ:VALU)’s stock price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $37.70 and traded as low as $36.96. Value Line shares last traded at $36.96, with a volume of 768 shares.

Analyst Ratings Changes

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

Value Line Stock Up 0.7%

The firm has a market capitalization of $343.58 million, a PE ratio of 16.19 and a beta of 1.21. The business’s 50-day moving average price is $37.20 and its 200-day moving average price is $37.68.

Value Line (NASDAQ:VALU) last released its earnings results on Monday, December 15th. The financial services provider reported $0.60 earnings per share (EPS) for the quarter. Value Line had a net margin of 61.58% and a return on equity of 20.88%. The company had revenue of $8.56 million during the quarter.

Value Line Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, February 10th. Shareholders of record on Monday, January 26th were paid a $0.325 dividend. The ex-dividend date was Monday, January 26th. This represents a $1.30 dividend on an annualized basis and a yield of 3.6%. Value Line’s payout ratio is 57.52%.

Institutional Investors Weigh In On Value Line

Several institutional investors have recently made changes to their positions in the company. Barclays PLC increased its holdings in Value Line by 36.7% in the fourth quarter. Barclays PLC now owns 1,547 shares of the financial services provider’s stock worth $59,000 after buying an additional 415 shares during the last quarter. Wells Fargo & Company MN raised its holdings in shares of Value Line by 1.4% during the 4th quarter. Wells Fargo & Company MN now owns 27,018 shares of the financial services provider’s stock valued at $1,038,000 after purchasing an additional 370 shares in the last quarter. Oppenheimer & Co. Inc. lifted its stake in shares of Value Line by 23.9% in the 4th quarter. Oppenheimer & Co. Inc. now owns 22,018 shares of the financial services provider’s stock valued at $846,000 after purchasing an additional 4,250 shares during the last quarter. Capital Investment Counsel Inc boosted its holdings in Value Line by 5.4% in the fourth quarter. Capital Investment Counsel Inc now owns 9,774 shares of the financial services provider’s stock worth $376,000 after purchasing an additional 500 shares in the last quarter. Finally, Millennium Management LLC bought a new stake in Value Line in the third quarter worth $334,000. 6.26% of the stock is currently owned by institutional investors and hedge funds.

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.