VOC Energy Trust (NYSE:VOC) Share Price Passes Above Two Hundred Day Moving Average – Should You Sell?

VOC Energy Trust (NYSE:VOC)’s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $3.20 and traded as high as $3.41. VOC Energy Trust shares last traded at $3.37, with a volume of 20,617 shares traded.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d+)” rating on shares of VOC Energy Trust in a report on Tuesday, July 21st. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has a consensus rating of “Sell”.

VOC Energy Trust Stock Performance

The company has a market capitalization of $56.27 million, a price-to-earnings ratio of 8.07 and a beta of 0.14. The company has a fifty day simple moving average of $3.18 and a two-hundred day simple moving average of $3.20.

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

VOC Energy Trust Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, August 14th. Shareholders of record on Thursday, July 30th were issued a $0.28 dividend. This is a positive change from VOC Energy Trust’s previous quarterly dividend of $0.10. The ex-dividend date was Thursday, July 30th. This represents a $1.12 annualized dividend and a yield of 33.8%. VOC Energy Trust’s dividend payout ratio (DPR) is presently 273.17%.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in VOC Energy Trust stock. International Assets Investment Management LLC purchased a new position in shares of VOC Energy Trust (NYSE:VOC) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor 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 filing with the Securities and Exchange Commission (SEC).

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.