Value and Indexed Property Income (LON:VIP) Stock Price Crosses Below 50-Day Moving Average of $178.69

Value and Indexed Property Income (LON:VIP) shares crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 178.69 ($2.22) and traded as low as GBX 167.08 ($2.08). Value and Indexed Property Income shares last traded at GBX 169.50 ($2.11), with a volume of 50,020 shares trading hands.

Value and Indexed Property Income Trading Down 1.3 %

The firm has a market capitalization of £71.40 million, a price-to-earnings ratio of -313.89 and a beta of 1.02. The company has a debt-to-equity ratio of 53.26, a current ratio of 3.52 and a quick ratio of 22.47. The firm’s 50-day simple moving average is GBX 178.69 and its 200 day simple moving average is GBX 183.38.

Value and Indexed Property Income Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Friday, April 26th. Shareholders of record on Thursday, March 28th will be given a dividend of GBX 3.20 ($0.04) per share. The ex-dividend date is Thursday, March 28th. This represents a yield of 1.83%. Value and Indexed Property Income’s dividend payout ratio is currently -2,407.41%.

About Value and Indexed Property Income

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.