Value and Indexed Property Income (LON:VIP) Stock Price Crosses Below 50-Day Moving Average of $178.69

Value and Indexed Property Income (LON:VIP)’s share price passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 178.69 ($2.22) and traded as low as GBX 167.08 ($2.08). Value and Indexed Property Income shares last traded at GBX 169.50 ($2.11), with a volume of 50,020 shares changing hands.

Value and Indexed Property Income Stock Down 1.3 %

The firm has a 50 day simple moving average of GBX 178.69 and a two-hundred day simple moving average of GBX 183.38. The company has a debt-to-equity ratio of 53.26, a quick ratio of 22.47 and a current ratio of 3.52. The stock has a market cap of £71.40 million, a P/E ratio of -313.89 and a beta of 1.02.

Value and Indexed Property Income Dividend Announcement

The firm also recently announced a dividend, which will be paid on Friday, April 26th. Shareholders of record on Thursday, March 28th will be paid a dividend of GBX 3.20 ($0.04) per share. This represents a yield of 1.83%. The ex-dividend date is Thursday, March 28th. Value and Indexed Property Income’s payout ratio is currently -2,407.41%.

About Value and Indexed Property Income

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.