Vodacom Group (OTCMKTS:VDMCY) Shares Pass Below Fifty Day Moving Average of $8.08

Vodacom Group Limited (OTCMKTS:VDMCYGet Rating) shares crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $8.08 and traded as low as $7.33. Vodacom Group shares last traded at $7.56, with a volume of 56,804 shares trading hands.

Vodacom Group Stock Performance

The stock’s 50 day moving average price is $8.08 and its 200-day moving average price is $9.14.

Vodacom Group Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, July 5th. Shareholders of record on Friday, June 24th were given a dividend of $0.2018 per share. This represents a dividend yield of 4.75%. The ex-dividend date was Thursday, June 23rd.

About Vodacom Group

(Get Rating)

Vodacom Group Limited operates as a connectivity, digital, and financial services company in South Africa and internationally. It offers range of communication services, including data, mobile and fixed voice, messaging, financial services, enterprise IT, and converged services. The company also provides mobile and fixed line connectivity solutions, as well as internet and virtual private network services to its customers over various wireless, fixed-line, satellite, mobile, and converged technologies; and cloud hosting and security services comprising infrastructure as a service, platform as a service, software as a service, security services, hosted applications, and primary and direct connectivity to all hyperscalers.

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