VOC Energy Trust (NYSE:VOC) Shares Cross Above 50 Day Moving Average of $4.93

VOC Energy Trust (NYSE:VOC)’s stock price crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $4.93 and traded as high as $5.00. VOC Energy Trust shares last traded at $4.99, with a volume of 8,115 shares changing hands.

Separately, ValuEngine lowered VOC Energy Trust from a “hold” rating to a “sell” rating in a research report on Wednesday, May 15th.

The business’s 50-day moving average is $4.91.

VOC Energy Trust (NYSE:VOC) last released its quarterly earnings data on Thursday, May 9th. The oil and gas producer reported $0.15 earnings per share (EPS) for the quarter. VOC Energy Trust had a return on equity of 17.87% and a net margin of 93.68%. The business had revenue of $2.61 million during the quarter.

Large investors have recently added to or reduced their stakes in the stock. Cavalier Investments LLC acquired a new position in VOC Energy Trust during the 1st quarter valued at approximately $88,000. Creative Planning raised its stake in VOC Energy Trust by 9.5% during the 1st quarter. Creative Planning now owns 90,824 shares of the oil and gas producer’s stock valued at $517,000 after acquiring an additional 7,859 shares in the last quarter. Finally, Tocqueville Asset Management L.P. bought a new stake in VOC Energy Trust during the 4th quarter valued at $982,000.

VOC Energy Trust Company Profile (NYSE:VOC)

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 a 80% term net profits interest of the net proceeds on the underlying properties. As of December 31, 2017, its underlying properties had interests in 492.5 net producing wells and 55,736.9 net acres; and had proved reserves of approximately 3.4 million barrels of oil equivalent (MMBoe) attributable to the portion of the Kansas underlying properties, and approximately 4.6 MMBoe attributable to the Texas underlying properties.

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