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

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

Value Line Stock Performance

NASDAQ:VALU opened at $43.07 on Friday. The stock has a fifty day moving average price of $39.18 and a 200-day moving average price of $41.64. The company has a market cap of $406.15 million, a price-to-earnings ratio of 22.20 and a beta of 0.85. Value Line has a fifty-two week low of $32.07 and a fifty-two week high of $62.09.

Institutional Trading of Value Line

Several institutional investors and hedge funds have recently modified their holdings of the business. SG Americas Securities LLC bought a new stake in shares of Value Line during the 1st quarter worth $346,000. Auxier Asset Management bought a new position in Value Line in the fourth quarter valued at about $207,000. Capital Investment Counsel Inc acquired a new stake in shares of Value Line in the fourth quarter valued at about $350,000. Valmark Advisers Inc. acquired a new stake in shares of Value Line in the fourth quarter valued at about $268,000. Finally, Stratos Wealth Partners LTD. acquired a new stake in shares of Value Line in the fourth quarter valued at about $215,000. 6.26% of the stock is currently owned by institutional investors.

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.