Value and Indexed Property Income (LON:VIP) Shares Cross Above Fifty Day Moving Average – Here’s Why

Value and Indexed Property Income (LON:VIP) shares crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 187.24 ($2.34) and traded as high as GBX 191 ($2.38). Value and Indexed Property Income shares last traded at GBX 190.27 ($2.37), with a volume of 23,403 shares.

Value and Indexed Property Income Price Performance

The stock has a market cap of £80.23 million, a PE ratio of -1,050.00 and a beta of 0.98. The company has a quick ratio of 22.47, a current ratio of 0.99 and a debt-to-equity ratio of 57.08. The company’s fifty day moving average is GBX 187.24 and its 200 day moving average is GBX 187.62.

Value and Indexed Property Income (LON:VIP) last announced its quarterly earnings results on Tuesday, November 26th. The company reported GBX 12.74 ($0.16) earnings per share for the quarter. As a group, sell-side analysts anticipate that Value and Indexed Property Income will post 1246.2897262 earnings per share for the current fiscal year.

Value and Indexed Property Income Announces Dividend

The business also recently declared a dividend, which will be paid on Friday, April 25th. Investors of record on Thursday, March 27th will be given a dividend of GBX 3.40 ($0.04) per share. This represents a yield of 1.81%. The ex-dividend date of this dividend is Thursday, March 27th. Value and Indexed Property Income’s dividend payout ratio (DPR) is presently -7,222.22%.

Value and Indexed Property Income Company Profile

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.