Value and Indexed Property Income (LON:VIP) Stock Crosses Above Fifty Day Moving Average – Here’s Why

Value and Indexed Property Income (LON:VIP)’s share price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 186.46 ($2.34) and traded as high as GBX 194 ($2.44). Value and Indexed Property Income shares last traded at GBX 194 ($2.44), with a volume of 8,968 shares traded.

Value and Indexed Property Income Trading Up 3.2 %

The stock has a market cap of £83.12 million, a P/E ratio of 19.79 and a beta of 0.98. The firm’s fifty day moving average price is GBX 186.52 and its two-hundred day moving average price is GBX 187.32. The company has a debt-to-equity ratio of 67.96, a current ratio of 2.84 and a quick ratio of 22.47.

Value and Indexed Property Income (LON:VIP) last posted its quarterly earnings data on Tuesday, November 26th. The company reported GBX 12.74 ($0.16) earnings per share (EPS) for the quarter. Value and Indexed Property Income had a return on equity of 4.55% and a net margin of 73.71%. As a group, equities research analysts forecast that Value and Indexed Property Income will post 1246.2897262 EPS for the current year.

Value and Indexed Property Income Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Friday, April 25th. Shareholders of record on Thursday, March 27th will be given a dividend of GBX 3.40 ($0.04) per share. This represents a yield of 1.81%. The ex-dividend date of this dividend is Thursday, March 27th. Value and Indexed Property Income’s payout ratio is currently 132.64%.

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.