Value Line (NASDAQ:VALU) Stock Price Crosses Below 200-Day Moving Average – Should You Sell?

Shares of Value Line, Inc. (NASDAQ:VALU) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $38.00 and traded as low as $37.15. Value Line shares last traded at $37.26, with a volume of 1,129 shares traded.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “hold (c-)” rating on shares of Value Line in a report on Monday, December 29th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

Value Line Trading Up 0.1%

The firm has a market cap of $349.87 million, a PE ratio of 16.49 and a beta of 1.21. The stock’s 50 day moving average price is $37.51 and its 200 day moving average price is $38.00.

Value Line (NASDAQ:VALU) last announced its quarterly earnings results on Monday, December 15th. The financial services provider reported $0.60 earnings per share for the quarter. Value Line had a net margin of 61.58% and a return on equity of 20.88%. The firm had revenue of $8.56 million during the quarter.

Value Line Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, February 10th. Stockholders of record on Monday, January 26th will be paid a $0.325 dividend. The ex-dividend date is Monday, January 26th. This represents a $1.30 dividend on an annualized basis and a dividend yield of 3.5%. Value Line’s dividend payout ratio (DPR) is 57.52%.

Value Line announced that its Board of Directors has approved a stock repurchase plan on Wednesday, October 29th that authorizes the company to buyback $2,000.00 billion in outstanding shares. This buyback authorization authorizes the financial services provider to purchase up to 547,465.2% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s board believes its stock is undervalued.

Hedge Funds Weigh In On Value Line

A number of institutional investors and hedge funds have recently bought and sold shares of VALU. Strs Ohio acquired a new stake in Value Line in the first quarter valued at approximately $356,000. Millennium Management LLC purchased a new position in shares of Value Line in the third quarter valued at $334,000. Neuberger Berman Group LLC boosted its stake in shares of Value Line by 3.5% in the third quarter. Neuberger Berman Group LLC now owns 114,473 shares of the financial services provider’s stock valued at $4,474,000 after purchasing an additional 3,923 shares during the period. Teton Advisors LLC acquired a new stake in Value Line during the 3rd quarter valued at $1,171,000. Finally, Cloud Capital Management LLC purchased a new stake in Value Line during the 3rd quarter worth $128,000. Hedge funds and other institutional investors own 6.26% of the company’s stock.

Value Line Company Profile

Value Line, Inc is a New York–based independent investment research and financial publishing company known for its flagship product, the Value Line Investment Survey. Established in 1931 by Arnold Bernhard, the firm provides timely data, analysis and investment recommendations on a broad universe of equities. Its research covers approximately 1,700 U.S. and Canadian stocks, offering proprietary rankings that help individual investors and financial advisors identify potential opportunities based on relative price performance, earnings outlook and risk metrics.

In addition to the Investment Survey, Value Line offers a suite of digital products and services designed to meet the evolving needs of its clientele.