Value Line (NASDAQ:VALU) Stock Price Crosses Below 200-Day Moving Average of $42.49

Value Line, Inc. (NASDAQ:VALU)’s share price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $42.49 and traded as low as $37.56. Value Line shares last traded at $37.81, with a volume of 1,787 shares.

Wall Street Analysts Forecast Growth

Separately, StockNews.com initiated coverage on shares of Value Line in a research note on Wednesday. They set a “hold” rating on the stock.

Value Line Price Performance

The business’s 50 day moving average price is $40.72 and its 200-day moving average price is $42.49. The firm has a market capitalization of $356.55 million, a price-to-earnings ratio of 19.49 and a beta of 0.76.

Value Line (NASDAQ:VALU) last issued its earnings results on Friday, March 15th. The financial services provider reported $0.62 earnings per share for the quarter. Value Line had a net margin of 47.81% and a return on equity of 21.23%. The company had revenue of $9.13 million for the quarter.

Value Line Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, February 9th. Shareholders of record on Monday, January 29th were given a dividend of $0.28 per share. The ex-dividend date was Friday, January 26th. This represents a $1.12 annualized dividend and a yield of 2.96%. Value Line’s payout ratio is currently 57.73%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. UBS Group AG grew its position in Value Line by 627.5% during the fourth quarter. UBS Group AG now owns 582 shares of the financial services provider’s stock worth $30,000 after buying an additional 502 shares during the period. Tower Research Capital LLC TRC grew its position in shares of Value Line by 393.4% in the third quarter. Tower Research Capital LLC TRC now owns 1,051 shares of the financial services provider’s stock valued at $46,000 after purchasing an additional 838 shares during the last quarter. Barclays PLC grew its position in shares of Value Line by 752.6% in the fourth quarter. Barclays PLC now owns 1,151 shares of the financial services provider’s stock valued at $57,000 after purchasing an additional 1,016 shares during the last quarter. BNP Paribas Arbitrage SNC grew its position in shares of Value Line by 51.1% in the first quarter. BNP Paribas Arbitrage SNC now owns 2,038 shares of the financial services provider’s stock valued at $98,000 after purchasing an additional 689 shares during the last quarter. Finally, Bank of America Corp DE grew its position in shares of Value Line by 165.9% in the fourth quarter. Bank of America Corp DE now owns 2,095 shares of the financial services provider’s stock valued at $107,000 after purchasing an additional 1,307 shares during the last quarter. 6.26% of the stock is currently owned by institutional investors and hedge funds.

Value Line Company Profile

Value Line, Inc produces and sells investment periodicals and related publications. Its investment periodicals and related publications cover a range of investments, including stocks, mutual funds, exchange traded funds (ETFs), and options. The company's research services include The Value Line Investment Survey, The Value Line Investment Survey – Small and Mid-Cap, The Value Line 600, and The Value Line Fund Advisor Plus that provide statistical and text coverage of various investment securities, with an emphasis placed on its proprietary research, analysis, and statistical ranks.