Value and Indexed Property Income (LON:VIP) Share Price Crosses Above 50-Day Moving Average – Here’s What Happened

Value and Indexed Property Income (LON:VIP)’s stock price passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 202.79 and traded as high as GBX 206.50. Value and Indexed Property Income shares last traded at GBX 204.70, with a volume of 12,084 shares trading hands.

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. Berenberg Bank reaffirmed a “buy” rating and set a GBX 199 price target on shares of Value and Indexed Property Income in a research report on Monday, January 26th. Shore Capital Group reaffirmed a “house stock” rating on shares of Value and Indexed Property Income in a research note on Monday, November 17th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of GBX 199.

Value and Indexed Property Income Stock Up 1.0%

The stock has a market cap of £82.64 million, a price-to-earnings ratio of 15.97 and a beta of 0.98. The firm’s fifty day moving average price is GBX 202.79 and its two-hundred day moving average price is GBX 202.41. The company has a debt-to-equity ratio of 67.96, a current ratio of 2.84 and a quick ratio of 22.47.

Value and Indexed Property Income (LON:VIP) last issued its earnings results on Tuesday, November 18th. The company reported GBX 5.64 EPS for the quarter. Value and Indexed Property Income had a return on equity of 4.55% and a net margin of 73.71%. Sell-side analysts forecast that Value and Indexed Property Income will post 1246.2897262 earnings per share for the current fiscal year.

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. It primarily invests in dividend paying stocks of small and mid cap companies. The fund also directly invests in commercial property.