Value and Indexed Property Income Trust (LON:VIP) Stock Price Passes Above 50-Day Moving Average of $176.65

Shares of Value and Indexed Property Income Trust Plc (LON:VIP) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 176.65 ($2.18) and traded as high as GBX 177 ($2.19). Value and Indexed Property Income Trust shares last traded at GBX 171 ($2.11), with a volume of 19,974 shares traded.

Value and Indexed Property Income Trust Stock Performance

The firm’s 50 day moving average price is GBX 176.65 and its 200-day moving average price is GBX 182.74. The company has a debt-to-equity ratio of 53.26, a quick ratio of 22.47 and a current ratio of 3.52. The firm has a market capitalization of £75.12 million, a PE ratio of -325.93 and a beta of 1.02.

Value and Indexed Property Income Trust Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, April 26th. Shareholders of record on Thursday, March 28th will be issued a GBX 3.20 ($0.04) dividend. The ex-dividend date of this dividend is Thursday, March 28th. This represents a yield of 1.83%. Value and Indexed Property Income Trust’s payout ratio is -2,407.41%.

Value and Indexed Property Income Trust 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.