Vodafone Group Public (NASDAQ:VOD) Reaches New 52-Week High at $10.31

Vodafone Group Public Limited (NASDAQ:VOD)’s share price hit a new 52-week high during trading on Monday . The company traded as high as $10.31 and last traded at $10.31, with a volume of 2255691 shares changing hands. The stock had previously closed at $10.17.

Analyst Upgrades and Downgrades

Several analysts recently commented on VOD shares. New Street Research upgraded shares of Vodafone Group Public to a “strong-buy” rating in a research report on Monday, July 8th. StockNews.com raised Vodafone Group Public from a “hold” rating to a “buy” rating in a report on Friday, August 30th. Deutsche Bank Aktiengesellschaft started coverage on Vodafone Group Public in a research note on Thursday, June 20th. They set a “buy” rating for the company. Finally, UBS Group downgraded Vodafone Group Public from a “buy” rating to a “neutral” rating in a research note on Monday, August 5th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Vodafone Group Public currently has an average rating of “Moderate Buy” and a consensus target price of $14.45.

Vodafone Group Public Stock Up 1.7 %

The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.29 and a current ratio of 1.31. The business has a 50 day moving average price of $9.48 and a 200-day moving average price of $9.10.

Institutional Trading of Vodafone Group Public

A number of institutional investors have recently added to or reduced their stakes in VOD. GAMMA Investing LLC increased its position in shares of Vodafone Group Public by 116.7% in the second quarter. GAMMA Investing LLC now owns 3,903 shares of the cell phone carrier’s stock valued at $35,000 after buying an additional 2,102 shares in the last quarter. Asset Dedication LLC lifted its holdings in shares of Vodafone Group Public by 630.9% in the second quarter. Asset Dedication LLC now owns 4,634 shares of the cell phone carrier’s stock valued at $41,000 after purchasing an additional 4,000 shares in the last quarter. Allspring Global Investments Holdings LLC acquired a new stake in shares of Vodafone Group Public in the first quarter valued at approximately $46,000. Hexagon Capital Partners LLC raised its position in shares of Vodafone Group Public by 230.9% during the 1st quarter. Hexagon Capital Partners LLC now owns 5,410 shares of the cell phone carrier’s stock worth $48,000 after purchasing an additional 3,775 shares during the last quarter. Finally, Rothschild Investment LLC purchased a new stake in Vodafone Group Public in the 2nd quarter valued at approximately $49,000. Hedge funds and other institutional investors own 7.84% of the company’s stock.

About Vodafone Group Public

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.