VOC Energy Trust (NYSE:VOC) Stock Price Passes Above 200-Day Moving Average – Time to Sell?

Shares of VOC Energy Trust (NYSE:VOC) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $3.10 and traded as high as $3.14. VOC Energy Trust shares last traded at $3.1130, with a volume of 49,862 shares trading hands.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Wall Street Zen raised VOC Energy Trust to a “hold” rating in a report on Friday, January 23rd. Weiss Ratings raised VOC Energy Trust from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday, April 24th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has a consensus rating of “Sell”.

VOC Energy Trust Trading Down 0.2%

The firm has a market cap of $52.92 million, a price-to-earnings ratio of 7.08 and a beta of 0.19. The company has a fifty day moving average price of $3.37 and a 200-day moving average price of $3.10.

VOC Energy Trust (NYSE:VOC) last announced its quarterly earnings results on Wednesday, May 13th. The oil and gas producer reported $0.09 earnings per share for the quarter. VOC Energy Trust had a return on equity of 71.27% and a net margin of 90.03%.The firm had revenue of $1.59 million during the quarter.

VOC Energy Trust Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Thursday, April 30th were paid a dividend of $0.095 per share. This is an increase from VOC Energy Trust’s previous quarterly dividend of $0.09. The ex-dividend date was Thursday, April 30th. This represents a $0.38 annualized dividend and a yield of 12.2%. VOC Energy Trust’s dividend payout ratio (DPR) is presently 86.36%.

Institutional Investors Weigh In On VOC Energy Trust

A hedge fund recently bought a new stake in VOC Energy Trust stock. International Assets Investment Management LLC purchased a new stake in VOC Energy Trust (NYSE:VOC) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 10,000 shares of the oil and gas producer’s stock, valued at approximately $27,000. International Assets Investment Management LLC owned approximately 0.06% of VOC Energy Trust at the end of the most recent reporting period.

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.