Value and Indexed Property Income (LON:VIP) Stock Price Crosses Below Fifty Day Moving Average – What’s Next?

Shares of Value and Indexed Property Income (LON:VIP) passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 199.12 and traded as low as GBX 198. Value and Indexed Property Income shares last traded at GBX 201.37, with a volume of 46,153 shares changing hands.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on VIP shares. Berenberg Bank lowered their price objective on shares of 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. Shore Capital restated a “house stock” rating on shares of Value and Indexed Property Income in a research report on Monday, November 17th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of GBX 199.

Value and Indexed Property Income Stock Performance

The firm has a market capitalization of £82.52 million, a price-to-earnings ratio of 15.95 and a beta of 0.98. The company has a 50-day moving average price of GBX 199.12 and a 200-day moving average price of GBX 202.46. The company has a quick ratio of 22.47, a current ratio of 2.84 and a debt-to-equity ratio of 67.96.

Value and Indexed Property Income (LON:VIP) last announced 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 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 earnings per share 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.