VOC Energy Trust (NYSE:VOC) Share Price Passes Above 200-Day Moving Average – Should You Sell?

VOC Energy Trust (NYSE:VOC) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $4.98 and traded as high as $5.09. VOC Energy Trust shares last traded at $5.02, with a volume of 43,051 shares trading hands.

Analyst Upgrades and Downgrades

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

VOC Energy Trust Price Performance

The business’s 50 day simple moving average is $4.88 and its 200 day simple moving average is $4.98. The company has a market capitalization of $85.34 million, a price-to-earnings ratio of 6.44 and a beta of 0.87.

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

VOC Energy Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 14th. Investors of record on Wednesday, October 30th were given a $0.18 dividend. The ex-dividend date of this dividend was Wednesday, October 30th. This represents a $0.72 dividend on an annualized basis and a yield of 14.34%. VOC Energy Trust’s dividend payout ratio (DPR) is 92.31%.

Institutional Trading of VOC Energy Trust

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

About VOC Energy Trust

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.