Value and Indexed Property Income (LON:VIP) Stock Price Crosses Above 50 Day Moving Average – Here’s Why

Value and Indexed Property Income (LON:VIP)’s stock price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 196.68 and traded as high as GBX 214. Value and Indexed Property Income shares last traded at GBX 214, with a volume of 59,139 shares changing hands.

Analyst Ratings Changes

VIP has been the subject of a number of analyst reports. Shore Capital reiterated a “house stock” rating on shares of Value and Indexed Property Income in a research note on Monday, November 17th. Berenberg Bank lowered their price objective on Value and Indexed Property Income from GBX 200 to GBX 199 and set a “hold” rating for the company in a research report on Monday, November 17th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of GBX 199.

Value and Indexed Property Income Trading Up 7.0%

The company has a fifty day moving average of GBX 196.68 and a two-hundred day moving average of GBX 202.49. The company has a quick ratio of 22.47, a current ratio of 2.84 and a debt-to-equity ratio of 67.96. The stock has a market capitalization of £86.69 million, a price-to-earnings ratio of 16.76 and a beta of 0.98.

Value and Indexed Property Income (LON:VIP) last released its earnings results on Tuesday, November 18th. The company reported GBX 5.64 earnings per share for the quarter. Value and Indexed Property Income had a net margin of 73.71% and a return on equity of 4.55%. On average, research analysts expect that Value and Indexed Property Income will post 1246.2897262 EPS for the current year.

Value and Indexed Property Income Company Profile

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. It primarily invests in dividend paying stocks of small and mid cap companies. The fund also directly invests in commercial property.