Vodafone Group Public (LON:VOD) Share Price Crosses Above 200 Day Moving Average – Here’s What Happened

Vodafone Group Public Limited (LON:VOD) shares crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 71.13 ($0.92) and traded as high as GBX 75.78 ($0.98). Vodafone Group Public shares last traded at GBX 75.34 ($0.97), with a volume of 169,149,047 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Citigroup decreased their target price on Vodafone Group Public from GBX 73 ($0.94) to GBX 66 ($0.85) and set a “neutral” rating on the stock in a research report on Tuesday, February 18th.

Vodafone Group Public Stock Up 1.2 %

The firm has a market capitalization of £22.77 billion, a price-to-earnings ratio of 34.17, a price-to-earnings-growth ratio of 0.59 and a beta of 0.54. The business has a 50 day moving average of GBX 69.36 and a 200 day moving average of GBX 71.13. The company has a debt-to-equity ratio of 96.88, a current ratio of 1.37 and a quick ratio of 0.78.

Vodafone Group Public Company Profile

Vodafone is a leading European and African telecoms company. We provide mobile and fixed services to over 340 million customers in 15 countries, partner with mobile networks in over 45 more and have one of the world’s largest IoT platforms. In Africa, our financial technology businesses serve almost 83 million customers across seven countries – managing more transactions than any other provider.

Our purpose is to connect for a better future by using technology to improve lives, businesses and help progress inclusive sustainable societies.