Value Line (NASDAQ:VALU) Stock Rating Lowered by StockNews.com

Value Line (NASDAQ:VALUGet Free Report) was downgraded by stock analysts at StockNews.com from a “buy” rating to a “hold” rating in a report released on Tuesday.

Value Line Stock Performance

Value Line stock opened at $42.48 on Tuesday. The stock’s 50 day moving average price is $43.95 and its two-hundred day moving average price is $41.09. The stock has a market capitalization of $400.37 million, a price-to-earnings ratio of 21.90 and a beta of 0.84. Value Line has a 52-week low of $32.07 and a 52-week high of $58.45.

Value Line (NASDAQ:VALUGet Free Report) last announced its quarterly earnings results on Friday, July 26th. The financial services provider reported $0.51 earnings per share (EPS) for the quarter. The business had revenue of $9.00 million for the quarter. Value Line had a return on equity of 21.65% and a net margin of 50.73%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. SG Americas Securities LLC purchased a new stake in shares of Value Line in the first quarter worth about $346,000. Auxier Asset Management bought a new position in Value Line in the fourth quarter valued at $207,000. Finally, Capital Investment Counsel Inc raised its position in Value Line by 57.2% during the second quarter. Capital Investment Counsel Inc now owns 11,274 shares of the financial services provider’s stock valued at $486,000 after purchasing an additional 4,100 shares in the last quarter. 6.26% of the stock is owned by institutional investors.

About Value Line

(Get Free Report)

Value Line, Inc produces and sells investment periodicals and related publications. Its investment periodicals and related publications cover a range of investments, including stocks, mutual funds, exchange traded funds (ETFs), and options. The company's research services include The Value Line Investment Survey, The Value Line Investment Survey – Small and Mid-Cap, The Value Line 600, and The Value Line Fund Advisor Plus that provide statistical and text coverage of various investment securities, with an emphasis placed on its proprietary research, analysis, and statistical ranks.

Further Reading

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