Stock analysts at StockNews.com assumed coverage on shares of Value Line (NASDAQ:VALU - Get Free Report) in a note issued to investors on Saturday. The firm set a "hold" rating on the financial services provider's stock.
Value Line Stock Up 2.9 %
VALU traded up $1.33 during trading hours on Friday, hitting $46.85. The stock had a trading volume of 782 shares, compared to its average volume of 5,872. Value Line has a 1 year low of $32.07 and a 1 year high of $62.09. The company's fifty day simple moving average is $40.00 and its 200 day simple moving average is $41.53. The stock has a market cap of $441.80 million, a PE ratio of 24.15 and a beta of 0.84.
Hedge Funds Weigh In On Value Line
Several hedge funds have recently made changes to their positions in VALU. Stratos Wealth Partners LTD. bought a new position in Value Line in the 4th quarter worth about $215,000. Valmark Advisers Inc. purchased a new stake in Value Line in the 4th quarter worth approximately $268,000. Capital Investment Counsel Inc bought a new position in Value Line in the 4th quarter valued at $350,000. Auxier Asset Management purchased a new position in shares of Value Line during the 4th quarter valued at $207,000. Finally, SG Americas Securities LLC purchased a new stake in shares of Value Line in the first quarter worth $346,000. 6.26% of the stock is currently owned by hedge funds and other institutional investors.
Value Line Company Profile
(
Get Free Report)
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.
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