Value Line (NASDAQ:VALU) Share Price Passes Above 50 Day Moving Average – Time to Sell?

Shares of Value Line, Inc. (NASDAQ:VALU) passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $45.75 and traded as high as $50.31. Value Line shares last traded at $50.15, with a volume of 6,633 shares trading hands.

Analysts Set New Price Targets

Separately, StockNews.com upgraded Value Line from a “hold” rating to a “buy” rating in a research report on Wednesday, September 11th.

Value Line Stock Performance

The stock has a market cap of $472.41 million, a price-to-earnings ratio of 23.66 and a beta of 0.85. The company has a 50-day simple moving average of $45.75 and a two-hundred day simple moving average of $42.94.

Value Line (NASDAQ:VALU) last issued its quarterly earnings data on Friday, September 13th. The financial services provider reported $0.62 earnings per share (EPS) for the quarter. Value Line had a return on equity of 22.29% and a net margin of 54.72%. The company had revenue of $8.88 million during the quarter.

Value Line Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 12th. Investors of record on Monday, October 28th will be paid a $0.30 dividend. The ex-dividend date is Monday, October 28th. This represents a $1.20 dividend on an annualized basis and a yield of 2.39%. Value Line’s dividend payout ratio (DPR) is 56.60%.

Institutional Trading of Value Line

A hedge fund recently bought a new stake in Value Line stock. SG Americas Securities LLC purchased a new position in Value Line, Inc. (NASDAQ:VALU) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 8,548 shares of the financial services provider’s stock, valued at approximately $346,000. SG Americas Securities LLC owned 0.09% of Value Line at the end of the most recent quarter. 6.26% of the stock is currently owned by institutional investors.

Value Line Company Profile

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.