Value Line (NASDAQ:VALU) Shares Pass Above Two Hundred Day Moving Average of $41.08

Value Line, Inc. (NASDAQ:VALU) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $41.08 and traded as high as $44.70. Value Line shares last traded at $44.70, with a volume of 12,010 shares traded.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of Value Line from a “hold” rating to a “buy” rating in a research note on Wednesday, September 11th.

Value Line Stock Performance

The company has a market cap of $420.32 million, a price-to-earnings ratio of 23.65 and a beta of 0.84. The business has a fifty day moving average price of $43.53 and a 200 day moving average price of $41.14.

Value Line (NASDAQ:VALU) last issued its earnings results on Friday, July 26th. The financial services provider reported $0.51 EPS for the quarter. The firm had revenue of $9.00 million during the quarter. Value Line had a return on equity of 22.29% and a net margin of 54.72%.

Value Line Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, August 12th. Investors of record on Monday, July 29th were paid a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 2.69%. The ex-dividend date was Monday, July 29th. Value Line’s payout ratio is 61.86%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of VALU. Auxier Asset Management acquired a new position in Value Line in the 4th quarter valued at approximately $207,000. SG Americas Securities LLC bought a new stake in shares of Value Line in the first quarter worth $346,000. Finally, Capital Investment Counsel Inc increased its holdings in Value Line by 57.2% in 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 during the period. 6.26% of the stock is currently owned by institutional investors.

About Value Line

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.