VOC Energy Trust (NYSE:VOC) Stock Price Passes Above Two Hundred Day Moving Average – Time to Sell?

VOC Energy Trust (NYSE:VOC)’s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $2.89 and traded as high as $3.11. VOC Energy Trust shares last traded at $3.0230, with a volume of 23,966 shares changing hands.

Analyst Ratings Changes

Several equities analysts recently weighed in on VOC shares. Weiss Ratings reiterated a “sell (d)” rating on shares of VOC Energy Trust in a research report on Monday, December 29th. Wall Street Zen upgraded shares of VOC Energy Trust to a “hold” rating in a report on Friday, January 23rd. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has a consensus rating of “Sell”.

VOC Energy Trust Stock Down 1.9%

The stock has a fifty day moving average of $2.93 and a two-hundred day moving average of $2.89. The stock has a market cap of $51.39 million, a price-to-earnings ratio of 5.93 and a beta of 0.35.

VOC Energy Trust Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 13th. Stockholders 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 dividend on an annualized basis and a dividend yield of 11.9%. VOC Energy Trust’s payout ratio is presently 70.59%.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in VOC Energy Trust stock. 180 Wealth Advisors LLC grew its holdings in shares of VOC Energy Trust (NYSE:VOC) by 12.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 310,742 shares of the oil and gas producer’s stock after buying an additional 34,013 shares during the quarter. 180 Wealth Advisors LLC owned 1.83% of VOC Energy Trust worth $910,000 at the end of the most recent quarter.

VOC Energy Trust Company Profile

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.