Vodafone Target of Unusually Large Options Trading (VOD)
Shares of Vodafone (NYSE:VOD) was the target of some unusual options trading on Wednesday. Stock investors purchased 7,574 put options on the stock, AnalystRatings.Net reports. This represents an increase of 163% compared to the average volume of 2,879 put options.
A number of research firms have recently commented on VOD. Analysts at Espirito Santo Investment Bank Research reiterated a “neutral” rating on shares of Vodafone (NYSE:VOD) in a research note to investors on Tuesday. Separately, analysts at Citigroup Inc. reiterated a “buy” rating on shares of Vodafone (NYSE:VOD) in a research note to investors on Monday. Finally, analysts at Charles Stanley reiterated an “accumulate” rating on shares of Vodafone (NYSE:VOD) in a research note to investors on Thursday, September 19th. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating and twelve have assigned a buy rating to the stock. Vodafone presently has a consensus rating of “Hold” and an average target price of $132.75.
Shares of Vodafone (NYSE:VOD) traded up 1.33% on Wednesday, hitting $35.83. The stock had a trading volume of 13,744,090 shares. Vodafone has a 1-year low of $24.42 and a 1-year high of $35.96. The stock’s 50-day moving average is $32.41 and its 200-day moving average is $30.09. The company has a market cap of $175.3 billion and a P/E ratio of 252.57.
Vodafone Group Plc (NYSE:VOD) is a mobile communications company operating across the globe providing a range of communications services.
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