Value and Indexed Property Income (LON:VIP) Stock Crosses Below Fifty Day Moving Average of $178.69

Shares of Value and Indexed Property Income (LON:VIP) passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 178.69 ($2.22) and traded as low as GBX 167.08 ($2.08). Value and Indexed Property Income shares last traded at GBX 169.50 ($2.11), with a volume of 50,020 shares traded.

Value and Indexed Property Income Stock Performance

The company has a quick ratio of 22.47, a current ratio of 3.52 and a debt-to-equity ratio of 53.26. The company has a 50-day simple moving average of GBX 178.05 and a two-hundred day simple moving average of GBX 183.18. The firm has a market cap of £72.56 million, a PE ratio of -322.35 and a beta of 1.02.

Value and Indexed Property Income Dividend Announcement

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

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.