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

Shares of Value and Indexed Property Income (LON:VIP) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 196.68 and traded as high as GBX 214. Value and Indexed Property Income shares last traded at GBX 214, with a volume of 59,139 shares.

Analysts Set New Price Targets

A number of research analysts have issued reports on VIP shares. Shore Capital restated a “house stock” rating on shares of Value and Indexed Property Income in a research note on Monday, November 17th. Berenberg Bank cut their target price on Value and Indexed Property Income from GBX 200 to GBX 199 and set a “hold” rating on the stock in a research report on Monday, November 17th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, Value and Indexed Property Income currently has a consensus rating of “Hold” and an average target price of GBX 199.

Value and Indexed Property Income Price Performance

The firm has a 50-day simple moving average of GBX 196.68 and a two-hundred day simple moving average of GBX 202.52. The company has a market capitalization of £86.69 million, a price-to-earnings ratio of 16.76 and a beta of 0.98. The company has a current ratio of 2.84, a quick ratio of 22.47 and a debt-to-equity ratio of 67.96.

Value and Indexed Property Income (LON:VIP) last issued its earnings results on Tuesday, November 18th. The company reported GBX 5.64 EPS for the quarter. Value and Indexed Property Income had a return on equity of 4.55% and a net margin of 73.71%. As a group, analysts predict that Value and Indexed Property Income will post 1246.2897262 earnings per share for the current fiscal year.

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. It primarily invests in dividend paying stocks of small and mid cap companies. The fund also directly invests in commercial property.