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

Shares of Value and Indexed Property Income (LON:VIP) crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 187.37 ($2.33) and traded as low as GBX 185 ($2.30). Value and Indexed Property Income shares last traded at GBX 186 ($2.32), with a volume of 67,266 shares changing hands.

Value and Indexed Property Income Trading Down 3.7 %

The company has a market cap of £76.41 million, a price-to-earnings ratio of -1,000.00 and a beta of 0.98. The business’s 50 day moving average price is GBX 187.37 and its 200-day moving average price is GBX 187.74. The company has a debt-to-equity ratio of 57.08, a quick ratio of 22.47 and a current ratio of 0.99.

Value and Indexed Property Income (LON:VIP) last released its quarterly earnings data on Tuesday, November 26th. The company reported GBX 12.74 ($0.16) earnings per share (EPS) for the quarter. On average, research analysts forecast that Value and Indexed Property Income will post 1246.2897262 EPS for the current year.

Value and Indexed Property Income Dividend Announcement

The company also recently announced a dividend, which will be paid on Friday, April 25th. Stockholders of record on Thursday, March 27th will be paid a GBX 3.40 ($0.04) dividend. This represents a dividend yield of 1.81%. The ex-dividend date is Thursday, March 27th. Value and Indexed Property Income’s dividend payout ratio (DPR) is currently -7,222.22%.

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.