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

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

VOC Energy Trust Price Performance

Shares of VOC opened at $4.98 on Tuesday. The firm has a market cap of $84.66 million, a PE ratio of 6.38 and a beta of 0.87. VOC Energy Trust has a 1 year low of $4.45 and a 1 year high of $7.90. The stock’s fifty day moving average price is $5.08 and its two-hundred day moving average price is $5.00.

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

Institutional Investors Weigh In On VOC Energy Trust

A hedge fund recently raised its stake in VOC Energy Trust stock. Sanctuary Advisors LLC grew its position in shares of VOC Energy Trust (NYSE:VOC) by 29.8% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 87,140 shares of the oil and gas producer’s stock after purchasing an additional 20,001 shares during the quarter. Sanctuary Advisors LLC owned approximately 0.51% of VOC Energy Trust worth $436,000 as of its most recent SEC filing.

About VOC Energy Trust

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.