Value Line Stock Ticks Higher After Holiday, But With Light Volume
Value Line (VALU) shares rose 0.8% to $33.25 in thin Tuesday morning trading, with just 127 shares changing hands. The company reported nine-month net income of $18.1 million, up 7.9%, but publishing revenue fell 4.7%. Value Line raised its quarterly dividend to 35 cents in April, yielding about 4.2%. No new company news was reported during the session.