Value and Indexed Property Income (LON:VIP) Stock Passes Below Two Hundred Day Moving Average – What’s Next?

Value and Indexed Property Income (LON:VIP) shares crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 187.59 ($2.28) and traded as low as GBX 183.27 ($2.23). Value and Indexed Property Income shares last traded at GBX 189.99 ($2.31), with a volume of 65,034 shares traded.

Value and Indexed Property Income Trading Up 2.1 %

The stock’s 50 day moving average is GBX 186.92 and its 200-day moving average is GBX 187.60. The company has a market cap of £80.65 million, a P/E ratio of -1,055.50 and a beta of 0.98. The company has a current ratio of 0.99, a quick ratio of 22.47 and a debt-to-equity ratio of 57.08.

Value and Indexed Property Income Dividend Announcement

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