Value Line (NASDAQ:VALU) Stock Crosses Above 200 Day Moving Average – Time to Sell?

Value Line, Inc. (NASDAQ:VALU) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $46.60 and traded as high as $55.01. Value Line shares last traded at $53.62, with a volume of 2,904 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised Value Line from a “hold” rating to a “buy” rating in a research report on Monday, December 16th.

Value Line Trading Down 1.1 %

The company’s 50 day moving average is $51.87 and its 200 day moving average is $46.60. The company has a market cap of $504.99 million, a PE ratio of 22.82 and a beta of 0.81.

Value Line (NASDAQ:VALU) last issued its earnings results on Friday, December 13th. The financial services provider reported $0.60 EPS for the quarter. Value Line had a net margin of 54.72% and a return on equity of 22.29%.

Value Line Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, November 12th. Shareholders of record on Monday, October 28th were issued a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 2.24%. The ex-dividend date of this dividend was Monday, October 28th. Value Line’s dividend payout ratio is 51.06%.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Value Line stock. Oppenheimer & Co. Inc. raised its stake in shares of Value Line, Inc. (NASDAQ:VALU) by 9.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,145 shares of the financial services provider’s stock after acquiring an additional 545 shares during the quarter. Oppenheimer & Co. Inc. owned approximately 0.07% of Value Line worth $286,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 6.26% of the company’s stock.

Value Line Company Profile

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.