VOC Energy Trust (NYSE:VOC) Stock Passes Above Two Hundred Day Moving Average – Here’s What Happened

VOC Energy Trust (NYSE:VOC) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $2.88 and traded as high as $3.04. VOC Energy Trust shares last traded at $3.00, with a volume of 89,883 shares traded.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on VOC shares. Weiss Ratings reiterated a “sell (d)” rating on shares of VOC Energy Trust in a research report on Monday, December 29th. Wall Street Zen raised shares of VOC Energy Trust to a “hold” rating in a research note on Friday, January 23rd. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has a consensus rating of “Sell”.

VOC Energy Trust Stock Up 1.0%

The firm has a market capitalization of $51 million, a P/E ratio of 5.88 and a beta of 0.35. The stock has a fifty day moving average of $2.90 and a 200-day moving average of $2.88.

VOC Energy Trust (NYSE:VOC) last released its earnings results on Monday, November 10th. The oil and gas producer reported $0.11 EPS for the quarter. VOC Energy Trust had a return on equity of 75.96% and a net margin of 87.74%.The firm had revenue of $2.16 million for the quarter.

VOC Energy Trust Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 13th. Stockholders of record on Friday, January 30th will be issued a $0.09 dividend. The ex-dividend date is Friday, January 30th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 12.0%. VOC Energy Trust’s dividend payout ratio (DPR) is 70.59%.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the business. Janney Montgomery Scott LLC increased its stake in VOC Energy Trust by 152.2% in the 2nd quarter. Janney Montgomery Scott LLC now owns 42,733 shares of the oil and gas producer’s stock valued at $122,000 after buying an additional 25,792 shares during the last quarter. 180 Wealth Advisors LLC boosted its stake in shares of VOC Energy Trust by 19.7% during the 2nd quarter. 180 Wealth Advisors LLC now owns 276,729 shares of the oil and gas producer’s stock worth $791,000 after buying an additional 45,631 shares during the last quarter. Finally, International Assets Investment Management LLC bought a new position in shares of VOC Energy Trust in the 4th quarter valued at about $27,000.

VOC Energy Trust Company Profile

VOC Energy Trust is a Canada-based unincorporated, open-ended royalty trust focused on upstream oil and gas interests. Headquartered in Calgary, Alberta, the trust holds non-operated royalty and net profit interests in conventional petroleum and natural gas properties. VOC’s structure allows it to collect a percentage of production revenues without directly managing exploration or drilling activities.

The trust’s asset portfolio is concentrated in the Western Canadian Sedimentary Basin, with producing properties across Alberta, Saskatchewan and British Columbia.