VOC Energy Trust (NYSE:VOC) Downgraded by StockNews.com to Hold

VOC Energy Trust (NYSE:VOC) was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating in a report released on Thursday.

VOC Energy Trust Trading Up 0.9 %

NYSE:VOC opened at $4.74 on Thursday. The company has a market cap of $80.58 million, a price-to-earnings ratio of 6.08 and a beta of 0.87. VOC Energy Trust has a twelve month low of $4.45 and a twelve month high of $7.71. The stock has a fifty day simple moving average of $4.99 and a 200-day simple moving average of $4.97.

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

Institutional Trading of VOC Energy Trust

A hedge fund recently raised its stake in VOC Energy Trust stock. Sanctuary Advisors LLC grew its stake in VOC Energy Trust (NYSE:VOC) by 29.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 87,140 shares of the oil and gas producer’s stock after acquiring 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.

VOC Energy Trust Company Profile

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.