VOC Energy Trust (NYSE:VOC) Stock Price Passes Above 200 Day Moving Average – Should You Sell?
by Doug Wharley · The Cerbat GemVOC Energy Trust (NYSE:VOC – Get Free Report) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $3.10 and traded as high as $3.14. VOC Energy Trust shares last traded at $3.1130, with a volume of 49,862 shares trading hands.
Analysts Set New Price Targets
A number of brokerages recently commented on VOC. Weiss Ratings upgraded VOC Energy Trust from a “sell (d)” rating to a “sell (d+)” rating in a research note on Friday, April 24th. Wall Street Zen upgraded VOC Energy Trust to a “hold” rating in a research note on Friday, January 23rd. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has a consensus rating of “Sell”.
Get Our Latest Stock Analysis on VOC Energy Trust
VOC Energy Trust Price Performance
The firm has a 50 day simple moving average of $3.36 and a 200-day simple moving average of $3.10. The stock has a market capitalization of $53.21 million, a price-to-earnings ratio of 7.11 and a beta of 0.19.
VOC Energy Trust (NYSE:VOC – Get Free Report) last released its quarterly earnings data on Wednesday, May 13th. The oil and gas producer reported $0.09 earnings per share (EPS) for the quarter. VOC Energy Trust had a return on equity of 71.27% and a net margin of 90.03%.The firm had revenue of $1.59 million during the quarter.
VOC Energy Trust Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Thursday, April 30th were paid a dividend of $0.095 per share. This is an increase from VOC Energy Trust’s previous quarterly dividend of $0.09. This represents a $0.38 annualized dividend and a yield of 12.1%. The ex-dividend date was Thursday, April 30th. VOC Energy Trust’s dividend payout ratio is currently 86.36%.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in VOC Energy Trust stock. International Assets Investment Management LLC acquired a new position in shares of VOC Energy Trust (NYSE:VOC – Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 10,000 shares of the oil and gas producer’s stock, valued at approximately $27,000. International Assets Investment Management LLC owned approximately 0.06% of VOC Energy Trust at the end of the most recent reporting period.
VOC Energy Trust Company Profile
VOC Energy Trust is a Canada-based unincorporated, open-ended royalty trust focused on upstream oil and gas interests. Headquartered in Calgary, Alberta, the trust holds non-operated royalty and net profit interests in conventional petroleum and natural gas properties. VOC’s structure allows it to collect a percentage of production revenues without directly managing exploration or drilling activities.
The trust’s asset portfolio is concentrated in the Western Canadian Sedimentary Basin, with producing properties across Alberta, Saskatchewan and British Columbia.