Value and Indexed Property Income (LON:VIP) Stock Price Crosses Above 50 Day Moving Average of $189.92

Posted by Alanna Baker on Sep 7th, 2024

Shares of Value and Indexed Property Income (LON:VIP – Get Free Report) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 189.92 ($2.50) and traded as high as GBX 194.16 ($2.55). Value and Indexed Property Income shares last traded at GBX 185 ($2.43), with a volume of 43,202 shares trading hands.

Value and Indexed Property Income Price Performance

The company has a debt-to-equity ratio of 57.08, a quick ratio of 22.47 and a current ratio of 0.99. The business has a 50 day simple moving average of GBX 190.06 and a 200-day simple moving average of GBX 183.85. The firm has a market cap of £81.29 million, a price-to-earnings ratio of -1,063.89 and a beta of 0.99.

Value and Indexed Property Income Increases Dividend

The business also recently announced a dividend, which was paid on Friday, July 26th. Investors of record on Thursday, June 27th were given a dividend of GBX 3.60 ($0.05) per share. This is a boost from Value and Indexed Property Income’s previous dividend of $3.20. The ex-dividend date was Thursday, June 27th. This represents a dividend yield of 1.96%. Value and Indexed Property Income’s payout ratio is presently -7,222.22%.

Insider Activity at Value and Indexed Property Income

In other news, insider Josephine Clare Valentine acquired 13,500 shares of the business’s stock in a transaction on Monday, July 22nd. The shares were purchased at an average cost of GBX 189 ($2.49) per share, with a total value of £25,515 ($33,550.30). 56.14% of the stock is currently owned by insiders.

About Value and Indexed Property Income

(Get Free Report)

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.