VOC Energy Trust (NYSE:VOC) Share Price Passes Above Two Hundred Day Moving Average – What’s Next?

VOC Energy Trust (NYSE:VOC) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $3.18 and traded as high as $3.36. VOC Energy Trust shares last traded at $3.24, with a volume of 52,108 shares.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (d+)” rating on shares of VOC Energy Trust in a report on Tuesday, July 21st. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, VOC Energy Trust currently has a consensus rating of “Sell”.

VOC Energy Trust Stock Up 0.9%

The stock’s fifty day moving average is $3.10 and its 200-day moving average is $3.19. The stock has a market cap of $56.10 million, a price-to-earnings ratio of 8.05 and a beta of 0.12.

VOC Energy Trust (NYSE:VOC) last issued its quarterly earnings data on Monday, August 10th. The oil and gas producer reported $0.10 EPS for the quarter. VOC Energy Trust had a return on equity of 68.92% and a net margin of 91.51%.The business had revenue of $1.70 million for the quarter.

VOC Energy Trust Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, August 14th. Investors of record on Thursday, July 30th were given a $0.28 dividend. This is an increase from VOC Energy Trust’s previous quarterly dividend of $0.10. This represents a $1.12 dividend on an annualized basis and a dividend yield of 33.9%. The ex-dividend date of this dividend was Thursday, July 30th. VOC Energy Trust’s dividend payout ratio (DPR) is presently 273.17%.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in VOC Energy Trust stock. International Assets Investment Management LLC purchased a new position in shares of VOC Energy Trust (NYSE:VOC) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 10,000 shares of the oil and gas producer’s stock, valued at approximately $27,000. International Assets Investment Management LLC owned about 0.06% of VOC Energy Trust as of its most recent SEC filing.

About VOC Energy Trust

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.