Vodafone Group Public (LON:VOD) Stock Crosses Above 200-Day Moving Average – Here’s Why

Vodafone Group Public Limited (LON:VOD) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 89.61 and traded as high as GBX 102.29. Vodafone Group Public shares last traded at GBX 101.13, with a volume of 51,075,441 shares.

Analyst Upgrades and Downgrades

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

Vodafone Group Public Trading Down 0.1%

The company has a debt-to-equity ratio of 96.88, a current ratio of 1.37 and a quick ratio of 0.78. The firm has a market cap of £23.69 billion, a PE ratio of -6.09, a price-to-earnings-growth ratio of 0.59 and a beta of 0.54. The company’s 50 day moving average price is GBX 96.37 and its 200 day moving average price is GBX 89.61.

Insider Buying and Selling

In other Vodafone Group Public news, insider Anne-Francoise Nesmes purchased 20,911 shares of the company’s stock in a transaction on Friday, November 14th. The stock was acquired at an average price of GBX 95 per share, for a total transaction of £19,865.45. 0.43% of the stock is owned by corporate insiders.

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. Vodafone runs one of the world’s largest IoT platforms, with 215 million IoT connections globally, and we provide financial services to around 92 million customers across seven African countries – managing more transactions than any other provider.

From the seabed to the stars, Vodafone’s purpose is to keep everyone connected.

For more information, please visit www.vodafone.com follow us on X at @VodafoneGroup or connect with us on LinkedIn at www.linkedin.com/company/vodafone.