VOC Energy Trust stock trades under the ticker VOC & has shown recent bullishness that traders & investors should research further into.
VOC stock closed at $7.00/share on 7/11/2022.
VOC Energy Trust VOC Stock’s Technical Performance Broken Down
VOC Stock Price: $7.00
10 Day Moving Average: $6.59
50 Day Moving Average: $7.18
200 Day Moving Average: $5.81
RSI: 51
MACD: -0.217
Yesterday, VOC stock completed a bullish MACD crossover, notching its third straight day of games.
With a neutral RSI & the recent above average trading volumes, there looks to be more upward momentum to come for VOC stock.
They will need to break above the $7.20 & $7.30/share resistance level to continue climbing higher.
VOC Energy Trust VOC Stock As A Long-Term Investment
Long-term oriented investors will like VOC stock’s P/E (ttm) of 9.27, but will find their 7.38 P/B (mrq) to be a bit too high.
They recently reported 748% Quarterly Revenue Growth Y-o-Y, with 733.3% Quarterly Earnings Growth Y-o-Y.
Their balance sheet will require a more thorough examination though, with $375.6K of Total Cash (mrq) & low levels of Total Debt (mrq).
VOC stock pays a 13.2% dividend yield, which may be unsustainable in the long-run, as their payout ratio is above 50%.
5.35% of VOC stock’s outstanding share float is owned by institutional investors.
VOC Energy Trust VOC Stock As A Short-Term Trade Using Options
Short-term focused traders can use options to hedge against market volatility, while profiting from movements in VOC stock’s price.
I am looking at the contracts with the 7/15 expiration date.
The $6, $3 & $4 call options are all in-the-money, from most to least liquid strike prices.
The $8, $9 & $10 puts are also in-the-money, from highest to lowest open interest levels.
Tying It All Together
VOC stock has many unique characteristics that traders & investors are sure to find appealing.
Investors will like their P/E (ttm) & low debt levels, but may be disappointed at the stability of their dividend yield moving forward.
Traders will like their current momentum, but may wish that their options were more liquid.
Overall, it is worth taking a closer look into VOC stock to see how it fits into your portfolio strategy.
*** I DO NOT OWN SHARES OF VOC STOCK AT THE TIME OF PUBLISHING THIS ARTICLE ***