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

Vodafone Group Public Limited (LON:VOD)’s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 72.02 ($0.94) and traded as high as GBX 74.51 ($0.98). Vodafone Group Public shares last traded at GBX 73.84 ($0.97), with a volume of 34,478,691 shares trading hands.

Wall Street Analyst Weigh In

Separately, Citigroup reaffirmed a “neutral” rating and set a GBX 70 ($0.92) target price on shares of Vodafone Group Public in a research note on Friday, July 12th.

Vodafone Group Public Stock Performance

The company has a quick ratio of 0.78, a current ratio of 1.31 and a debt-to-equity ratio of 95.92. The firm has a market capitalization of £19.52 billion, a P/E ratio of 1,866.50, a price-to-earnings-growth ratio of 0.59 and a beta of 0.54. The company’s 50 day moving average is GBX 74.85 and its 200-day moving average is GBX 72.12.

Insider Activity

In other news, insider Van Boxmeer purchased 62,867 shares of the business’s stock in a transaction on Wednesday, August 7th. The shares were acquired at an average price of GBX 72 ($0.94) per share, for a total transaction of £45,264.24 ($59,238.63). In other news, insider Margherita D. Valle sold 620,878 shares of the business’s stock in a transaction dated Monday, August 5th. The shares were sold at an average price of GBX 69 ($0.90), for a total transaction of £428,405.82 ($560,667.22). Also, insider Van Boxmeer bought 62,867 shares of the stock in a transaction that occurred on Wednesday, August 7th. The stock was acquired at an average price of GBX 72 ($0.94) per share, for a total transaction of £45,264.24 ($59,238.63). Company insiders own 5.90% of the company’s stock.

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.