VOC Energy Trust Upgraded to Outperform by Zacks (VOC)
VOC Energy Trust (NYSE:VOC) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a report issued on Tuesday, Stock Ratings News reports. The firm currently has a $17.80 price target on the stock. Zacks‘ price target indicates a potential upside of 5.45% from the stock’s previous close.
VOC Energy Trust (NYSE:VOC) traded up 1.13% during mid-day trading on Tuesday, hitting $17.07. The stock had a trading volume of 150,142 shares. VOC Energy Trust has a one year low of $11.69 and a one year high of $17.20. The stock’s 50-day moving average is $15.79 and its 200-day moving average is $14.41. The company has a market cap of $290.2 million and a price-to-earnings ratio of 9.38.
The company also recently announced a quarterly dividend, which is scheduled for Thursday, November 14th. Shareholders of record on Wednesday, October 30th will be paid a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a dividend yield of 12.56%. The ex-dividend date is Monday, October 28th. This is a positive change from VOC Energy Trust’s previous quarterly dividend of $0.41.
To view Zacks’ full report, visit www.zacks.com
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