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

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

Value Line Trading Up 1.6 %

Shares of NASDAQ:VALU opened at $37.90 on Friday. Value Line has a twelve month low of $32.07 and a twelve month high of $62.09. The company’s 50 day moving average is $39.25 and its 200 day moving average is $42.29. The company has a market cap of $357.40 million, a PE ratio of 19.54 and a beta of 0.80.

Value Line (NASDAQ:VALU) last issued its quarterly earnings data on Friday, March 15th. The financial services provider reported $0.62 EPS 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 Investors Weigh In On Value Line

Hedge funds and other institutional investors have recently made changes to their positions in the company. Auxier Asset Management acquired a new stake in shares of Value Line during the 4th quarter worth approximately $207,000. Stratos Wealth Partners LTD. purchased a new position in shares of Value Line during the 4th quarter valued at approximately $215,000. Valmark Advisers Inc. purchased a new position in shares of Value Line during the 4th quarter valued at approximately $268,000. Finally, Capital Investment Counsel Inc purchased a new position in shares of Value Line during the 4th quarter valued at approximately $350,000. Institutional investors and hedge funds own 6.26% of the company’s stock.

Value Line Company Profile

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.