Value and Indexed Property Income (LON:VIP) Shares Cross Below Fifty Day Moving Average – What’s Next?

Value and Indexed Property Income (LON:VIP) passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 188.69 ($2.45) and traded as low as GBX 180 ($2.34). Value and Indexed Property Income shares last traded at GBX 180 ($2.34), with a volume of 35,100 shares traded.

Value and Indexed Property Income Trading Down 1.1 %

The company has a current ratio of 0.99, a quick ratio of 22.47 and a debt-to-equity ratio of 57.08. The stock has a market cap of £76.41 million, a P/E ratio of -1,000.00 and a beta of 0.98. The business’s fifty day simple moving average is GBX 188.15 and its 200 day simple moving average is GBX 185.81.

Value and Indexed Property Income Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, October 25th. Investors of record on Thursday, September 26th will be issued a GBX 3.40 ($0.04) dividend. This represents a dividend yield of 1.77%. The ex-dividend date of this dividend is Thursday, September 26th. Value and Indexed Property Income’s dividend payout ratio is currently -7,222.22%.

About Value and Indexed Property Income

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.