MV Oil Trust (NYSE:MVO) Lowered to "Hold" Rating by StockNews.com

MV Oil Trust (NYSE:MVO - Get Free Report) was downgraded by research analysts at StockNews.com from a "buy" rating to a "hold" rating in a report issued on Wednesday.

MV Oil Trust Stock Performance

Shares of MV Oil Trust stock opened at $5.27 on Wednesday. The firm has a market capitalization of $60.61 million, a price-to-earnings ratio of 3.31 and a beta of 0.67. MV Oil Trust has a fifty-two week low of $4.63 and a fifty-two week high of $11.63. The stock has a 50 day moving average of $6.30 and a 200 day moving average of $8.04.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in MV Oil Trust stock. RIA Advisory Group LLC acquired a new position in MV Oil Trust (NYSE:MVO - Free Report) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 12,525 shares of the oil and gas producer's stock, valued at approximately $119,000. RIA Advisory Group LLC owned 0.11% of MV Oil Trust as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other institutional investors own 3.54% of the company's stock.

MV Oil Trust Company Profile

MV Oil Trust acquires and holds term net profits interests in the oil and natural gas properties of MV Partners, LLC. Its properties wells located in the Mid-Continent region in the states of Kansas and Colorado. MV Oil Trust was incorporated in 2006 and is based in Houston, Texas.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.