Vodafone Group Public (LON:VOD) Share Price Crosses Above 200 Day Moving Average of $69.38

Vodafone Group Public Limited (LON:VOD)’s stock price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 69.38 ($0.88) and traded as high as GBX 75.90 ($0.96). Vodafone Group Public shares last traded at GBX 74.18 ($0.94), with a volume of 68,459,775 shares changing hands.

Wall Street Analyst Weigh In

VOD has been the topic of several recent research reports. Barclays lifted their price objective on shares of Vodafone Group Public from GBX 80 ($1.02) to GBX 85 ($1.08) and gave the stock an “equal weight” rating in a research note on Wednesday, May 15th. Citigroup restated a “neutral” rating and issued a GBX 68 ($0.86) price target on shares of Vodafone Group Public in a research report on Wednesday, March 20th. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of GBX 98.40 ($1.25).

Vodafone Group Public Stock Performance

The firm’s 50-day simple moving average is GBX 69.62 and its two-hundred day simple moving average is GBX 69.38. The company has a current ratio of 1.31, a quick ratio of 0.78 and a debt-to-equity ratio of 93.42. The stock has a market capitalization of £20.04 billion, a PE ratio of 1,854.50, a PEG ratio of 0.59 and a beta of 0.49.

Vodafone Group Public Announces Dividend

The firm also recently declared a dividend, which will be paid on Friday, August 2nd. Stockholders of record on Thursday, June 6th will be issued a dividend of €0.05 ($0.05) per share. The ex-dividend date is Thursday, June 6th. This represents a dividend yield of 5.53%. Vodafone Group Public’s dividend payout ratio is 20,000.00%.

Insider Activity at Vodafone Group Public

In other Vodafone Group Public news, insider Van Boxmeer acquired 823,500 shares of the firm’s stock in a transaction on Wednesday, March 27th. The stock was purchased at an average cost of GBX 69 ($0.88) per share, for a total transaction of £568,215 ($722,184.80). In other news, insider Luka Mucic acquired 2,460,000 shares of Vodafone Group Public stock in a transaction that occurred on Friday, March 15th. The stock was purchased at an average price of GBX 70 ($0.89) per share, with a total value of £1,722,000 ($2,188,612.10). Also, insider Van Boxmeer bought 823,500 shares of the company’s stock in a transaction on Wednesday, March 27th. The stock was purchased at an average cost of GBX 69 ($0.88) per share, for a total transaction of £568,215 ($722,184.80). 8.26% of the stock is owned by insiders.

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.