Vodafone Group Public (LON:VOD) Stock Price Crosses Above 200 Day Moving Average – Here’s Why

Shares of Vodafone Group Public Limited (LON:VODGet Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 110.78 and traded as high as GBX 121.25. Vodafone Group Public shares last traded at GBX 120.15, with a volume of 69,697,977 shares traded.

Analyst Ratings Changes

VOD has been the subject of several research reports. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 155 price objective on shares of Vodafone Group Public in a report on Tuesday, May 12th. UBS Group reissued a “sell” rating and set a GBX 95 price target on shares of Vodafone Group Public in a research note on Monday, May 11th. Finally, Citigroup raised their price target on Vodafone Group Public from GBX 100 to GBX 115 and gave the company a “neutral” rating in a report on Wednesday, April 15th. Two equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of GBX 114.60.

Check Out Our Latest Report on VOD

Vodafone Group Public Stock Down 1.0%

The business’s 50 day simple moving average is GBX 109.88 and its 200 day simple moving average is GBX 110.92. The company has a current ratio of 1.07, a quick ratio of 0.78 and a debt-to-equity ratio of 103.96. The firm has a market capitalization of £28.11 billion, a PE ratio of -73.97, a PEG ratio of 0.59 and a beta of 0.32.

Insider Activity

In other Vodafone Group Public news, insider Simon Segars acquired 50,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 13th. The stock was bought at an average price of GBX 114 per share, for a total transaction of £57,000. 0.45% of the stock is owned by company insiders.

Vodafone Group Public Company Profile

(Get Free Report)

Vodafone is a leading European and African telecoms company. We provide mobile and fixed services to over 340 million customers in 15 countries, partner with mobile networks in over 40 more and have one of the world’s largest IoT platforms. In Africa, our financial technology businesses serve almost 88 million customers across seven countries – managing more transactions than any other provider.

Our purpose is to connect for a better future by using technology to improve lives, businesses and help progress inclusive sustainable societies.

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