VEON (VEON) to Release Earnings on Monday

VEON (NASDAQ:VEON) is scheduled to post its quarterly earnings results before the market opens on Monday, November 20th. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

VEON (NASDAQ:VEON) last announced its quarterly earnings data on Tuesday, August 29th. The Wireless communications provider reported $8.75 EPS for the quarter. The firm had revenue of $916.00 million for the quarter.

VEON Stock Performance

Shares of VEON stock opened at $19.87 on Friday. The company has a debt-to-equity ratio of 3.84, a current ratio of 1.00 and a quick ratio of 0.99. The business has a fifty day simple moving average of $17.80 and a two-hundred day simple moving average of $18.27. VEON has a 12 month low of $10.00 and a 12 month high of $21.60.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of VEON. Engineers Gate Manager LP purchased a new position in shares of VEON during the first quarter valued at $28,000. Jane Street Group LLC increased its position in shares of VEON by 300.2% in the fourth quarter. Jane Street Group LLC now owns 83,495 shares of the Wireless communications provider’s stock valued at $41,000 after buying an additional 62,633 shares in the last quarter. Vontobel Holding Ltd. purchased a new stake in shares of VEON in the first quarter valued at approximately $48,000. Great West Life Assurance Co. Can increased its position in shares of VEON by 85.7% during the first quarter. Great West Life Assurance Co. Can now owns 68,681 shares of the Wireless communications provider’s stock worth $49,000 after purchasing an additional 31,706 shares in the last quarter. Finally, BNP Paribas Arbitrage SA purchased a new stake in shares of VEON during the first quarter worth approximately $54,000. 13.86% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts have commented on the company. New Street Research assumed coverage on VEON in a research report on Wednesday, October 11th. They set a “buy” rating for the company. StockNews.com lowered VEON from a “strong-buy” rating to a “buy” rating in a research report on Monday, November 13th.

VEON Company Profile

VEON Ltd., together with its subsidiaries, provides mobile and fixed-line telecommunications services It offers voice, data, and other telecommunication services through a range of wireless, fixed, and broadband internet services. The company provides value-added services, including short messages, multimedia messages, caller number identification, call waiting, data transmission, mobile internet, downloadable content, mobile finance, machine-to-machine, and other services; national and international roaming services; wireless internet access; internet-TV services; digital and systems integration services; mobile financial services; and mobile bundles and call completion services.