Value Line (NASDAQ:VALU) Receives New Coverage from Analysts at StockNews.com

Stock analysts at StockNews.com started coverage on shares of Value Line (NASDAQ:VALU) in a report released on Monday. The firm set a “hold” rating on the financial services provider’s stock.

Value Line Trading Up 2.7 %

Value Line stock opened at $46.72 on Monday. The stock has a market cap of $440.34 million, a P/E ratio of 24.08 and a beta of 0.84. The stock has a 50 day moving average of $41.74 and a 200-day moving average of $41.25. Value Line has a 52 week low of $32.07 and a 52 week high of $62.09.

Hedge Funds Weigh In On Value Line

Several institutional investors and hedge funds have recently made changes to their positions in VALU. 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. bought a new position in Value Line during the fourth quarter worth $268,000. Capital Investment Counsel Inc bought a new position in Value Line during the fourth quarter worth $350,000. Auxier Asset Management bought a new position in Value Line during the fourth quarter worth $207,000. Finally, SG Americas Securities LLC bought a new position in Value Line during the first quarter worth $346,000. 6.26% of the stock is currently owned by hedge funds and other institutional investors.

About Value Line

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.