VOC Energy Trust (NYSE:VOC) Stock Passes Above 200 Day Moving Average – What’s Next?

VOC Energy Trust (NYSE:VOC) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $2.97 and traded as high as $3.70. VOC Energy Trust shares last traded at $3.6430, with a volume of 195,533 shares traded.

Analyst Upgrades and Downgrades

VOC has been the subject of several analyst reports. Weiss Ratings restated a “sell (d)” rating on shares of VOC Energy Trust in a report on Monday, December 29th. Wall Street Zen raised shares of VOC Energy Trust to a “hold” rating in a research note on Friday, January 23rd. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, VOC Energy Trust presently has a consensus rating of “Sell”.

VOC Energy Trust Trading Up 5.6%

The business has a 50-day moving average of $3.13 and a 200 day moving average of $2.97. The firm has a market capitalization of $61.93 million, a P/E ratio of 7.14 and a beta of 0.30.

VOC Energy Trust Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 13th. Shareholders of record on Friday, January 30th were issued a dividend of $0.09 per share. The ex-dividend date was Friday, January 30th. This represents a $0.36 annualized dividend and a yield of 9.9%. VOC Energy Trust’s dividend payout ratio is presently 70.59%.

Hedge Funds Weigh In On VOC Energy Trust

A hedge fund recently bought a new stake in VOC Energy Trust stock. International Assets Investment Management LLC bought a new position in VOC Energy Trust (NYSE:VOC) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 10,000 shares of the oil and gas producer’s stock, valued at approximately $27,000. International Assets Investment Management LLC owned approximately 0.06% of VOC Energy Trust at the end of the most recent reporting period.

About VOC Energy Trust

VOC Energy Trust is a Canada-based unincorporated, open-ended royalty trust focused on upstream oil and gas interests. Headquartered in Calgary, Alberta, the trust holds non-operated royalty and net profit interests in conventional petroleum and natural gas properties. VOC’s structure allows it to collect a percentage of production revenues without directly managing exploration or drilling activities.

The trust’s asset portfolio is concentrated in the Western Canadian Sedimentary Basin, with producing properties across Alberta, Saskatchewan and British Columbia.