VOC Energy Trust (NYSE:VOC) Share Price Passes Above Two Hundred Day Moving Average – Should You Sell?

Shares of VOC Energy Trust (NYSE:VOC) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $2.91 and traded as high as $3.04. VOC Energy Trust shares last traded at $2.97, with a volume of 69,859 shares trading hands.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of VOC Energy Trust in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has an average rating of “Sell”.

VOC Energy Trust Trading Down 0.3%

The firm has a market capitalization of $50.49 million, a PE ratio of 5.82 and a beta of 0.39. The firm has a 50-day moving average of $2.94 and a two-hundred day moving average of $2.91.

VOC Energy Trust (NYSE:VOC) last announced its quarterly earnings results on Monday, November 10th. The oil and gas producer reported $0.11 EPS for the quarter. The company had revenue of $2.16 million during the quarter. VOC Energy Trust had a return on equity of 75.96% and a net margin of 87.74%.

VOC Energy Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, November 14th. Investors of record on Thursday, October 30th were issued a $0.11 dividend. The ex-dividend date was Thursday, October 30th. This represents a $0.44 annualized dividend and a yield of 14.8%. VOC Energy Trust’s dividend payout ratio (DPR) is presently 86.27%.

Institutional Investors Weigh In On VOC Energy Trust

Large investors have recently made changes to their positions in the business. XTX Topco Ltd purchased a new position in shares of VOC Energy Trust in the 1st quarter valued at $61,000. Janney Montgomery Scott LLC raised its position in VOC Energy Trust by 152.2% in the second quarter. Janney Montgomery Scott LLC now owns 42,733 shares of the oil and gas producer’s stock valued at $122,000 after purchasing an additional 25,792 shares during the period. Finally, 180 Wealth Advisors LLC raised its position in VOC Energy Trust by 19.7% in the second quarter. 180 Wealth Advisors LLC now owns 276,729 shares of the oil and gas producer’s stock valued at $791,000 after purchasing an additional 45,631 shares during the period.

About VOC Energy Trust

VOC Energy Trust acquires and holds a term net profits interest of the net proceeds from production and sale of the interests in oil and natural gas properties in the states of Kansas and Texas. The company has an 80% term net profits interest of the net proceeds on the underlying properties. As of December 31, 2021, its underlying properties had interests in 452.5 net producing wells and 51,147.2 net acres.