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

Value and Indexed Property Income (LON:VIP)’s share price passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 187.63 ($2.43) and traded as high as GBX 189 ($2.45). Value and Indexed Property Income shares last traded at GBX 185 ($2.40), with a volume of 16,977 shares traded.

Value and Indexed Property Income Stock Performance

The company’s 50 day moving average is GBX 187.42 and its 200-day moving average is GBX 186.44. The company has a market capitalization of £78.96 million, a P/E ratio of -1,033.33 and a beta of 0.98. The company has a current ratio of 0.99, a quick ratio of 22.47 and a debt-to-equity ratio of 57.08.

Value and Indexed Property Income Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, October 25th. Investors of record on Thursday, September 26th were given a dividend of GBX 3.40 ($0.04) per share. This represents a yield of 1.77%. The ex-dividend date was Thursday, September 26th. Value and Indexed Property Income’s dividend payout ratio (DPR) is -7,222.22%.

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.