Value and Indexed Property Income (LON:VIP) Share Price Crosses Below 200 Day Moving Average – What’s Next?

Value and Indexed Property Income (LON:VIP)’s share price 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 trading hands.

Value and Indexed Property Income Trading Up 2.1 %

The stock’s 50 day simple moving average is GBX 186.92 and its 200 day simple moving average is GBX 187.59. The firm has a market cap of £80.65 million, a PE ratio of -1,055.50 and a beta of 0.98. The company has a debt-to-equity ratio of 57.08, a quick ratio of 22.47 and a current ratio of 0.99.

Value and Indexed Property Income Dividend Announcement

The business also recently announced a dividend, which will be paid on Friday, April 25th. Investors of record on Thursday, March 27th will be given a GBX 3.40 ($0.04) dividend. The ex-dividend date is Thursday, March 27th. This represents a yield of 1.81%. Value and Indexed Property Income’s dividend payout ratio (DPR) is presently -7,222.22%.

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.