Equities research analysts at StockNews.com began coverage on shares of VEON (NASDAQ:VEON – Get Rating) in a research note issued to investors on Sunday. The firm set a “strong-buy” rating on the Wireless communications provider’s stock.
VEON Stock Performance
Shares of VEON opened at $0.36 on Friday. The business’s fifty day moving average price is $0.45 and its 200 day moving average price is $0.50. VEON has a 12-month low of $0.24 and a 12-month high of $2.38. The stock has a market capitalization of $629.86 million, a PE ratio of 2.20 and a beta of 1.38. The company has a debt-to-equity ratio of 6.04, a current ratio of 0.62 and a quick ratio of 0.60.
VEON (NASDAQ:VEON – Get Rating) last issued its earnings results on Tuesday, June 28th. The Wireless communications provider reported ($0.10) earnings per share for the quarter. VEON had a return on equity of 28.38% and a net margin of 6.87%. The company had revenue of $1.82 billion during the quarter.
Institutional Investors Weigh In On VEON
VEON Company Profile
VEON Ltd., through its subsidiaries, provides mobile and fixed-line telecommunications services. It offers voice, data, and other telecommunication services through a range of wireless, fixed, and broadband internet services. The company provides value-added services, including short messages, multimedia messages, caller number identification, call waiting, data transmission, mobile internet, downloadable content, mobile finance, machine-to-machine, and other services; national and international roaming services; wireless internet access; and mobile bundles and call completion services.
- Get a free copy of the StockNews.com research report on VEON (VEON)
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