Vodafone Group Public (LON:VOD) Shares Pass Above 200-Day Moving Average – Here’s What Happened

Shares of 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 69.59 ($0.93) and traded as high as GBX 72.64 ($0.97). Vodafone Group Public shares last traded at GBX 72.46 ($0.97), with a volume of 62,800,047 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Citigroup cut their price objective on Vodafone Group Public from GBX 73 ($0.98) to GBX 66 ($0.88) and set a “neutral” rating on the stock in a research note on Tuesday, February 18th.

Vodafone Group Public Price Performance

The stock has a 50 day moving average of GBX 70.72 and a two-hundred day moving average of GBX 69.59. The company has a debt-to-equity ratio of 96.88, a quick ratio of 0.78 and a current ratio of 1.37. The firm has a market capitalization of £21.95 billion, a P/E ratio of 32.94, a P/E/G ratio of 0.59 and a beta of 0.54.

Vodafone Group Public Company Profile

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.