Value and Indexed Property Income (LON:VIP) Stock Price Passes Below 200 Day Moving Average – Here’s What Happened

Value and Indexed Property Income (LON:VIP) 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 traded.

Value and Indexed Property Income Stock Up 2.1 %

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 50-day simple moving average of GBX 186.92 and a 200-day simple moving average of GBX 187.59. The company has a debt-to-equity ratio of 57.08, a current ratio of 0.99 and a quick ratio of 22.47.

Value and Indexed Property Income Dividend Announcement

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