Value and Indexed Property Income (LON:VIP) Stock Price Crosses Above 50-Day Moving Average of $186.31

Shares of Value and Indexed Property Income (LON:VIP) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 186.31 ($2.38) and traded as high as GBX 195 ($2.49). Value and Indexed Property Income shares last traded at GBX 193.50 ($2.47), with a volume of 3 shares changing hands.

Value and Indexed Property Income Trading Down 0.3 %

The stock has a market capitalization of £82.37 million, a P/E ratio of -357.41 and a beta of 1.02. The company has a debt-to-equity ratio of 53.26, a current ratio of 3.52 and a quick ratio of 22.47. The business’s 50 day simple moving average is GBX 186.29 and its 200-day simple moving average is GBX 183.27.

Value and Indexed Property Income Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, July 26th. Shareholders of record on Thursday, June 27th were paid a GBX 3.60 ($0.05) dividend. The ex-dividend date was Thursday, June 27th. This is a boost from Value and Indexed Property Income’s previous dividend of $3.20. This represents a yield of 1.96%. Value and Indexed Property Income’s dividend payout ratio (DPR) is presently -2,407.41%.

Insider Transactions at Value and Indexed Property Income

In other news, insider Josephine Clare Valentine purchased 13,500 shares of Value and Indexed Property Income stock in a transaction dated Monday, July 22nd. The shares were bought at an average cost of GBX 189 ($2.42) per share, with a total value of £25,515 ($32,607.03). Insiders own 56.14% of the company’s stock.

Value and Indexed Property Income Company Profile

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.