VOC Energy Trust (NYSE:VOC) Stock Passes Above 200 Day Moving Average – What’s Next?

VOC Energy Trust (NYSE:VOC)’s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $2.97 and traded as high as $3.70. VOC Energy Trust shares last traded at $3.6430, with a volume of 195,533 shares traded.

Analyst Ratings Changes

A number of equities research analysts have issued reports on VOC shares. Weiss Ratings reaffirmed 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 report on Friday, January 23rd. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has a consensus rating of “Sell”.

VOC Energy Trust Trading Up 5.6%

The stock has a market capitalization of $61.93 million, a PE ratio of 7.14 and a beta of 0.30. The firm has a 50-day moving average price of $3.13 and a 200-day moving average price of $2.97.

VOC Energy Trust Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 13th. Investors of record on Friday, January 30th were given a dividend of $0.09 per share. The ex-dividend date was Friday, January 30th. This represents a $0.36 annualized dividend and a yield of 9.9%. VOC Energy Trust’s dividend payout ratio is presently 70.59%.

Institutional Trading of VOC Energy Trust

A hedge fund recently bought a new stake in VOC Energy Trust stock. International Assets Investment Management LLC bought a new stake in VOC Energy Trust (NYSE:VOC) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 10,000 shares of the oil and gas producer’s stock, valued at approximately $27,000. International Assets Investment Management LLC owned about 0.06% of VOC Energy Trust as of its most recent SEC filing.

About VOC Energy Trust

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.