Vodafone Group Public (LON:VOD) Stock Passes Above Two Hundred Day Moving Average – Here’s Why

Vodafone Group Public Limited (LON:VOD) shares passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 72.70 ($0.94) and traded as high as GBX 72.82 ($0.94). Vodafone Group Public shares last traded at GBX 72.34 ($0.94), with a volume of 44,444,035 shares changing hands.

Wall Street Analyst Weigh In

Separately, Citigroup restated a “neutral” rating and set a GBX 70 ($0.91) price objective on shares of Vodafone Group Public in a report on Friday, July 12th.

Vodafone Group Public Stock Performance

The company has a 50-day simple moving average of GBX 75.02 and a two-hundred day simple moving average of GBX 72.70. The company has a quick ratio of 0.78, a current ratio of 1.31 and a debt-to-equity ratio of 95.92. The firm has a market cap of £18.91 billion, a PE ratio of 1,808.50, a PEG ratio of 0.59 and a beta of 0.54.

Insiders Place Their Bets

In other news, insider Van Boxmeer purchased 62,867 shares of the company’s stock in a transaction dated Wednesday, August 7th. The shares were purchased at an average price of GBX 72 ($0.93) per share, with a total value of £45,264.24 ($58,700.87). In related news, insider Van Boxmeer acquired 62,867 shares of the company’s stock in a transaction that occurred on Wednesday, August 7th. The shares were acquired at an average price of GBX 72 ($0.93) per share, with a total value of £45,264.24 ($58,700.87). Also, insider Margherita D. Valle sold 620,878 shares of the stock in a transaction dated Monday, August 5th. The stock was sold at an average price of GBX 69 ($0.89), for a total value of £428,405.82 ($555,577.51). Insiders own 5.90% of the company’s stock.

Vodafone Group Public Company Profile

Vodafone Group Public Limited Company provides telecommunication services in Europe and internationally. It offers mobile connectivity services comprising end-to-end services for mobile voice and data, messaging, device management, BYOx, and telecoms management, as well as professional and consulting services; and fixed line connectivity, such as fixed voice and data, broadband, software-defined networks, managed WAN, LAN, ethernet, and satellite; and financial services, as well as business and merchant services.