VOC Energy Trust (NYSE:VOC) Stock Crosses Above 200 Day Moving Average – Should You Sell?

by · The Cerbat Gem

VOC Energy Trust (NYSE:VOCGet Free Report) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $4.97 and traded as high as $5.00. VOC Energy Trust shares last traded at $4.97, with a volume of 42,325 shares traded.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered VOC Energy Trust from a “buy” rating to a “hold” rating in a research report on Thursday, December 26th.

Get Our Latest Stock Report on VOC Energy Trust

VOC Energy Trust Stock Up 1.6 %

The stock has a market cap of $84.49 million, a price-to-earnings ratio of 6.37 and a beta of 0.87. The stock’s fifty day moving average is $4.92 and its 200-day moving average is $4.97.

VOC Energy Trust (NYSE:VOCGet Free Report) last released its quarterly earnings data on Thursday, November 7th. The oil and gas producer reported $0.18 EPS for the quarter. The business had revenue of $3.40 million during the quarter. VOC Energy Trust had a net margin of 90.84% and a return on equity of 102.62%.

VOC Energy Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, November 14th. Stockholders of record on Wednesday, October 30th were issued a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 14.49%. The ex-dividend date was Wednesday, October 30th. VOC Energy Trust’s dividend payout ratio (DPR) is presently 92.31%.

Institutional Trading of VOC Energy Trust

A hedge fund recently raised its stake in VOC Energy Trust stock. Sanctuary Advisors LLC increased its stake in shares of VOC Energy Trust (NYSE:VOCFree Report) by 29.8% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 87,140 shares of the oil and gas producer’s stock after acquiring an additional 20,001 shares during the period. Sanctuary Advisors LLC owned about 0.51% of VOC Energy Trust worth $436,000 as of its most recent SEC filing.

About VOC Energy Trust

(Get Free Report)

VOC Energy Trust acquires and holds a term net profits interest of the net proceeds from production and sale of the interests in oil and natural gas properties in the states of Kansas and Texas. The company has an 80% term net profits interest of the net proceeds on the underlying properties. As of December 31, 2021, its underlying properties had interests in 452.5 net producing wells and 51,147.2 net acres.

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