Value and Indexed Property Income (LON:VIP) Stock Price Passes Below 50 Day Moving Average – Here’s Why

Value and Indexed Property Income (LON:VIP)’s share price passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 187.37 ($2.33) and traded as low as GBX 185 ($2.30). Value and Indexed Property Income shares last traded at GBX 186 ($2.32), with a volume of 67,266 shares.

Value and Indexed Property Income Price Performance

The company has a 50 day moving average of GBX 187.37 and a 200 day moving average of GBX 187.74. The firm has a market cap of £76.41 million, a price-to-earnings ratio of -1,000.00 and a beta of 0.98. The company has a current ratio of 0.99, a quick ratio of 22.47 and a debt-to-equity ratio of 57.08.

Value and Indexed Property Income (LON:VIP) last issued its quarterly earnings data on Tuesday, November 26th. The company reported GBX 12.74 ($0.16) EPS for the quarter. Equities research analysts predict that Value and Indexed Property Income will post 1246.2897262 EPS for the current fiscal year.

Value and Indexed Property Income Dividend Announcement

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

About Value and Indexed Property Income

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.