Vodafone Group Public (LON:VOD) Stock Passes 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 Monday . The stock has a 200-day moving average of GBX 70.96 ($0.92) and traded as high as GBX 73.20 ($0.95). Vodafone Group Public shares last traded at GBX 72.90 ($0.95), with a volume of 91,025,063 shares traded.

Analyst Upgrades and Downgrades

Separately, Citigroup reduced their price objective on Vodafone Group Public from GBX 73 ($0.95) to GBX 66 ($0.86) and set a “neutral” rating for the company in a research report on Tuesday, February 18th.

Vodafone Group Public Trading Down 2.5 %

The business’s 50 day moving average is GBX 69.89 and its two-hundred day moving average is GBX 70.94. The firm has a market capitalization of £21.27 billion, a P/E ratio of 31.92, a PEG ratio of 0.59 and a beta of 0.54. The company has a quick ratio of 0.78, a current ratio of 1.37 and a debt-to-equity ratio of 96.88.

About Vodafone Group Public

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.