Vodafone Group Public (LON:VOD) Hits New 52-Week High – Still a Buy?

Vodafone Group Public Limited (LON:VOD)’s stock price reached a new 52-week high on Friday . The stock traded as high as GBX 82.66 ($1.11) and last traded at GBX 82.40 ($1.11), with a volume of 128837039 shares changing hands. The stock had previously closed at GBX 82 ($1.10).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank started coverage on Vodafone Group Public in a report on Wednesday, June 25th. They set a “hold” rating and a GBX 80 ($1.07) target price for the company.

Vodafone Group Public Trading Down 0.1%

The firm has a market capitalization of £24.75 billion, a PE ratio of 37.15, a price-to-earnings-growth ratio of 0.59 and a beta of 0.54. The company has a debt-to-equity ratio of 96.88, a current ratio of 1.37 and a quick ratio of 0.78. The company has a fifty day moving average of GBX 76.54 and a 200-day moving average of GBX 71.94.

Insider Buying and Selling at Vodafone Group Public

In related news, insider Margherita D. Valle bought 251,374 shares of the firm’s stock in a transaction on Wednesday, June 25th. The stock was purchased at an average price of GBX 77 ($1.03) per share, with a total value of £193,557.98 ($259,809.37). Also, insider Luka Mucic purchased 356,000 shares of the stock in a transaction on Tuesday, May 20th. The shares were bought at an average price of GBX 72 ($0.97) per share, for a total transaction of £256,320 ($344,053.69). 5.90% of the stock is currently owned by insiders.

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 40 more and have one of the world’s largest IoT platforms. In Africa, our financial technology businesses serve almost 88 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.