Value Line (NASDAQ:VALU) Shares Pass Below Two Hundred Day Moving Average – What’s Next?

Value Line, Inc. (NASDAQ:VALU)’s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $46.30 and traded as low as $37.37. Value Line shares last traded at $38.05, with a volume of 6,585 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered shares of Value Line from a “buy” rating to a “hold” rating in a report on Thursday, February 27th.

Value Line Price Performance

The company has a market cap of $358.20 million, a price-to-earnings ratio of 16.19 and a beta of 0.74. The business’s fifty day moving average price is $40.08 and its 200 day moving average price is $46.30.

Value Line (NASDAQ:VALU) last released its quarterly earnings results on Friday, March 14th. The financial services provider reported $0.55 EPS for the quarter. The firm had revenue of $8.97 million for the quarter. Value Line had a return on equity of 24.00% and a net margin of 62.02%. During the same quarter last year, the firm posted $1.51 EPS.

Value Line Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, February 10th. Stockholders of record on Monday, January 27th were given a $0.30 dividend. The ex-dividend date was Monday, January 27th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.15%. Value Line’s dividend payout ratio (DPR) is currently 52.63%.

Institutional Trading of Value Line

A number of large investors have recently bought and sold shares of the business. Barclays PLC boosted its position in shares of Value Line by 340.6% during the 3rd quarter. Barclays PLC now owns 1,150 shares of the financial services provider’s stock valued at $53,000 after purchasing an additional 889 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in Value Line by 144.2% in the third quarter. JPMorgan Chase & Co. now owns 1,563 shares of the financial services provider’s stock worth $73,000 after acquiring an additional 923 shares in the last quarter. Northern Trust Corp lifted its holdings in shares of Value Line by 19.5% in the 4th quarter. Northern Trust Corp now owns 10,622 shares of the financial services provider’s stock worth $561,000 after purchasing an additional 1,733 shares in the last quarter. Auxier Asset Management acquired a new position in shares of Value Line during the fourth quarter valued at about $224,000. Finally, Arrowstreet Capital Limited Partnership bought a new stake in Value Line during the 4th quarter worth approximately $311,000. 6.26% of the stock is currently owned by institutional investors and hedge funds.

About Value Line

Value Line, Inc produces and sells investment periodicals and related publications. Its investment periodicals and related publications cover a range of investments, including stocks, mutual funds, exchange traded funds (ETFs), and options. The company's research services include The Value Line Investment Survey, The Value Line Investment Survey – Small and Mid-Cap, The Value Line 600, and The Value Line Fund Advisor Plus that provide statistical and text coverage of various investment securities, with an emphasis placed on its proprietary research, analysis, and statistical ranks.