Vodafone Group Public (LON:VOD) Shares Cross Above Two Hundred Day Moving Average – Here’s What Happened

Vodafone Group Public Limited (LON:VOD) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 85.51 and traded as high as GBX 95.80. Vodafone Group Public shares last traded at GBX 94.96, with a volume of 89,074,156 shares.

Analyst Upgrades and Downgrades

VOD has been the subject of several recent research reports. JPMorgan Chase & Co. increased their price objective on shares of Vodafone Group Public from GBX 62 to GBX 71 and gave the company an “underweight” rating in a research report on Friday, November 28th. Deutsche Bank Aktiengesellschaft upped their target price on shares of Vodafone Group Public from GBX 135 to GBX 140 and gave the company a “buy” rating in a research note on Tuesday, October 14th. UBS Group reaffirmed a “neutral” rating and set a GBX 72 price target on shares of Vodafone Group Public in a report on Friday, November 7th. Citigroup boosted their price objective on shares of Vodafone Group Public from GBX 75 to GBX 85 and gave the stock a “neutral” rating in a report on Tuesday, October 14th. Finally, Berenberg Bank upped their price objective on shares of Vodafone Group Public from GBX 80 to GBX 82 and gave the company a “hold” rating in a research report on Friday, October 17th. One analyst has rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of GBX 90.

Vodafone Group Public Stock Down 0.7%

The stock has a market capitalization of £22.55 billion, a P/E ratio of -5.74, a P/E/G ratio of 0.59 and a beta of 0.54. The company has a current ratio of 1.37, a quick ratio of 0.78 and a debt-to-equity ratio of 96.88. The stock’s 50 day simple moving average is GBX 90.79 and its 200 day simple moving average is GBX 85.51.

Insider Activity at Vodafone Group Public

In other news, insider Anne-Francoise Nesmes acquired 20,911 shares of Vodafone Group Public stock in a transaction that occurred on Friday, November 14th. The shares were purchased at an average cost of GBX 95 per share, for a total transaction of £19,865.45. Insiders own 0.43% of the company’s stock.

Vodafone Group Public Company Profile

Vodafone is a leading European and African telecoms company.

We serve over 355 million mobile and broadband customers, operating networks in 15 countries with investments in a further five and partners in over 40 more. Our undersea cables transport around a sixth of the world’s internet traffic, and we are developing a new direct-to-mobile satellite communications service to connect areas without coverage.