StockNews.com Initiates Coverage on Value Line (NASDAQ:VALU)

StockNews.com started coverage on shares of Value Line (NASDAQ:VALU) in a research note issued on Friday. The brokerage set a “hold” rating on the financial services provider’s stock.

Value Line Trading Up 3.5 %

Value Line stock opened at $42.97 on Friday. The company has a market capitalization of $405.21 million, a PE ratio of 22.15 and a beta of 0.85. The stock has a 50-day moving average price of $39.06 and a two-hundred day moving average price of $41.79. Value Line has a 12 month low of $32.07 and a 12 month high of $62.09.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. SG Americas Securities LLC acquired a new position in shares of Value Line in the first quarter worth approximately $346,000. Capital Investment Counsel Inc bought a new position in Value Line during the fourth quarter worth $350,000. Valmark Advisers Inc. bought a new position in Value Line during the fourth quarter worth $268,000. Stratos Wealth Partners LTD. acquired a new position in Value Line in the fourth quarter valued at $215,000. Finally, Auxier Asset Management bought a new stake in Value Line during the fourth quarter valued at $207,000. 6.26% of the stock is owned by institutional investors.

About Value Line

Value Line, Inc produces and sells investment periodicals and related publications. Its investment periodicals and related publications cover a range of investments, including stocks, mutual funds, exchange traded funds (ETFs), and options. The company's research services include The Value Line Investment Survey, The Value Line Investment Survey – Small and Mid-Cap, The Value Line 600, and The Value Line Fund Advisor Plus that provide statistical and text coverage of various investment securities, with an emphasis placed on its proprietary research, analysis, and statistical ranks.