Value and Indexed Property Income Trust (LON:VIP) Stock Price Crosses Above 50-Day Moving Average of $176.09

Value and Indexed Property Income Trust Plc (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 176.09 ($2.21) and traded as high as GBX 190 ($2.39). Value and Indexed Property Income Trust shares last traded at GBX 186 ($2.34), with a volume of 9,142 shares trading hands.

Value and Indexed Property Income Trust Price Performance

The stock has a fifty day moving average of GBX 176.09 and a two-hundred day moving average of GBX 182.57. The stock has a market cap of £79.38 million, a price-to-earnings ratio of -344.44 and a beta of 1.02. The company has a quick ratio of 22.47, a current ratio of 3.52 and a debt-to-equity ratio of 53.26.

Value and Indexed Property Income Trust Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, April 26th. Stockholders of record on Thursday, March 28th were paid a dividend of GBX 3.20 ($0.04) per share. The ex-dividend date was Thursday, March 28th. This represents a dividend yield of 1.83%. Value and Indexed Property Income Trust’s dividend payout ratio (DPR) is presently -2,407.41%.

About Value and Indexed Property Income Trust

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.