VOC Energy Trust (NYSE:VOC) Shares Cross Above Two Hundred Day Moving Average – What’s Next?

Shares of VOC Energy Trust (NYSE:VOC) passed above its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $3.21 and traded as high as $3.42. VOC Energy Trust shares last traded at $3.3850, with a volume of 33,426 shares.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (d+)” rating on shares of VOC Energy Trust in a research report on Tuesday, July 21st. One analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the stock has an average rating of “Sell”.

VOC Energy Trust Trading Down 0.1%

The stock has a market capitalization of $57.72 million, a price-to-earnings ratio of 8.28 and a beta of 0.18. The company has a fifty day moving average of $3.34 and a two-hundred day moving average of $3.21.

VOC Energy Trust (NYSE:VOC) last announced its quarterly earnings results on Monday, August 10th. The oil and gas producer reported $0.10 EPS for the quarter. VOC Energy Trust had a return on equity of 68.92% and a net margin of 91.51%. The company had revenue of $1.70 million for the quarter.

VOC Energy Trust Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, August 14th. Shareholders of record on Thursday, July 30th were issued a dividend of $0.28 per share. This represents a $1.12 dividend on an annualized basis and a yield of 33.0%. This is a positive change from VOC Energy Trust’s previous quarterly dividend of $0.0950. The ex-dividend date was Thursday, July 30th. VOC Energy Trust’s dividend payout ratio is currently 273.17%.

About VOC Energy Trust

VOC Energy Trust (NYSE:VOC) is a grantor trust that owns net profits interests in oil and natural gas properties located primarily in Kansas and Texas. The trust does not operate the properties directly; instead, it receives a share of the proceeds generated from the production and sale of oil and natural gas after specified operating and capital expenses.

The trust was established in 2010 in connection with a public offering of trust units. Its underlying assets consist of producing and developed oil and gas properties, with oil representing an important component of production.