Value Line (NASDAQ:VALU) Coverage Initiated at StockNews.com

Equities research analysts at StockNews.com initiated coverage on shares of Value Line (NASDAQ:VALU) in a research report issued to clients and investors on Thursday. The firm set a “hold” rating on the financial services provider’s stock.

Value Line Price Performance

Shares of VALU stock opened at $36.35 on Thursday. The firm has a market cap of $342.78 million, a P/E ratio of 18.74 and a beta of 0.76. Value Line has a 1-year low of $32.07 and a 1-year high of $62.09. The firm’s 50-day simple moving average is $39.97 and its 200-day simple moving average is $42.20.

Value Line (NASDAQ:VALU) last announced its quarterly earnings data on Friday, March 15th. The financial services provider reported $0.62 earnings per share for the quarter. The business had revenue of $9.13 million for the quarter. Value Line had a net margin of 47.81% and a return on equity of 21.23%.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Auxier Asset Management purchased a new position in Value Line in the fourth quarter valued at approximately $207,000. Stratos Wealth Partners LTD. purchased a new position in Value Line in the fourth quarter valued at approximately $215,000. Valmark Advisers Inc. purchased a new position in Value Line in the fourth quarter valued at approximately $268,000. Finally, Capital Investment Counsel Inc purchased a new position in Value Line in the fourth quarter valued at approximately $350,000. 6.26% of the stock is currently owned by hedge funds and other 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.