Vodafone Group Public (LON:VOD) Stock Price Crosses Above 200-Day Moving Average – Time to Sell?

Vodafone Group Public Limited (LON:VOD) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 77.53 ($1.04) and traded as high as GBX 86.27 ($1.16). Vodafone Group Public shares last traded at GBX 85.32 ($1.15), with a volume of 187,684,766 shares.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank assumed coverage on shares of Vodafone Group Public in a research note on Wednesday, June 25th. They set a “hold” rating and a GBX 80 target price on the stock. Two analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Vodafone Group Public currently has a consensus rating of “Hold” and a consensus price target of GBX 73.

Vodafone Group Public Stock Performance

The stock’s 50-day simple moving average is GBX 85.65 and its 200 day simple moving average is GBX 77.53. 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 company has a market capitalization of £20.56 billion, a PE ratio of -535.26, a P/E/G ratio of 0.59 and a beta of 0.54.

Insider Buying and Selling

In other news, insider Christine Ramon acquired 138,055 shares of the company’s stock in a transaction on Wednesday, August 6th. The shares were bought at an average cost of GBX 83 per share, with a total value of £114,585.65. Also, insider Margherita D. Valle sold 885,183 shares of the stock in a transaction that occurred on Monday, July 28th. The shares were sold at an average price of GBX 83, for a total transaction of £734,701.89. Corporate insiders own 0.34% of the company’s stock.

Vodafone Group Public Company Profile

Vodafone is a leading European and African telecoms company.

We serve over 340 million mobile and broadband customers, operating networks in 15 countries with investments in a further five and partners in over 40 more. Our undersea cables transport around a sixth of the world’s internet traffic, and we are developing a new direct-to-mobile satellite communications service to connect areas without coverage.