VOC Energy Trust (NYSE:VOC) Stock Price Crosses Above Two Hundred Day Moving Average – What’s Next?

Shares of VOC Energy Trust (NYSE:VOC) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $4.97 and traded as high as $5.00. VOC Energy Trust shares last traded at $4.97, with a volume of 42,325 shares traded.

Analysts Set New Price Targets

Separately, StockNews.com downgraded shares of VOC Energy Trust from a “buy” rating to a “hold” rating in a research report on Thursday, December 26th.

VOC Energy Trust Price Performance

The stock has a market cap of $84.49 million, a price-to-earnings ratio of 6.37 and a beta of 0.87. The firm’s fifty day moving average price is $4.92 and its two-hundred day moving average price is $4.97.

VOC Energy Trust (NYSE:VOC) last announced its quarterly earnings results on Thursday, November 7th. The oil and gas producer reported $0.18 earnings per share (EPS) for the quarter. The business had revenue of $3.40 million for the quarter. VOC Energy Trust had a return on equity of 102.62% and a net margin of 90.84%.

VOC Energy Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, November 14th. Investors of record on Wednesday, October 30th were given a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 14.49%. The ex-dividend date was Wednesday, October 30th. VOC Energy Trust’s payout ratio is currently 92.31%.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in VOC Energy Trust stock. Sanctuary Advisors LLC bought a new position in VOC Energy Trust (NYSE:VOC) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 67,139 shares of the oil and gas producer’s stock, valued at approximately $323,000. Sanctuary Advisors LLC owned about 0.39% of VOC Energy Trust at the end of the most recent reporting period.

About VOC Energy Trust

VOC Energy Trust acquires and holds a term net profits interest of the net proceeds from production and sale of the interests in oil and natural gas properties in the states of Kansas and Texas. The company has an 80% term net profits interest of the net proceeds on the underlying properties. As of December 31, 2021, its underlying properties had interests in 452.5 net producing wells and 51,147.2 net acres.