Value Line (NASDAQ:VALU) Shares Cross Below 200-Day Moving Average - What's Next?

Shares of Value Line, Inc. (NASDAQ:VALU - Get Free Report) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $47.08 and traded as low as $32.94. Value Line shares last traded at $34.80, with a volume of 14,611 shares traded.

Analyst Ratings Changes

Separately, StockNews.com raised shares of Value Line from a "hold" rating to a "buy" rating in a report on Monday, December 16th.

Value Line Stock Down 0.3 %

The stock has a market cap of $323.67 million, a PE ratio of 14.62 and a beta of 0.79. The firm's fifty day moving average price is $46.78 and its 200 day moving average price is $46.81.

Value Line (NASDAQ:VALU - Get Free Report) last released its quarterly earnings results on Friday, December 13th. The financial services provider reported $0.60 earnings per share (EPS) for the quarter. Value Line had a net margin of 62.02% and a return on equity of 24.00%.

Value Line Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, February 10th. Investors of record on Monday, January 27th were paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 3.49%. The ex-dividend date of this dividend was Monday, January 27th. Value Line's payout ratio is 51.06%.

Institutional Investors Weigh In On Value Line

Hedge funds have recently bought and sold shares of the business. Barclays PLC raised its stake in Value Line by 340.6% during the third quarter. Barclays PLC now owns 1,150 shares of the financial services provider's stock valued at $53,000 after purchasing an additional 889 shares in the last quarter. JPMorgan Chase & Co. increased its position in Value Line by 144.2% during the third quarter. JPMorgan Chase & Co. now owns 1,563 shares of the financial services provider's stock valued at $73,000 after acquiring an additional 923 shares during the last quarter. Oppenheimer & Co. Inc. increased its position in Value Line by 9.7% during the third quarter. Oppenheimer & Co. Inc. now owns 6,145 shares of the financial services provider's stock valued at $286,000 after acquiring an additional 545 shares during the last quarter. Arrowstreet Capital Limited Partnership bought a new position in Value Line during the fourth quarter valued at $311,000. Finally, Northern Trust Corp increased its position in Value Line by 19.5% during the fourth quarter. Northern Trust Corp now owns 10,622 shares of the financial services provider's stock valued at $561,000 after acquiring an additional 1,733 shares during the last quarter. Hedge funds and other institutional investors own 6.26% of the company's stock.

Value Line Company Profile

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.