Vodafone Group Public (LON:VOD) Stock Crosses Above 200 Day Moving Average – Here’s What Happened

Vodafone Group Public Limited (LON:VOD)’s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 92.31 and traded as high as GBX 115. Vodafone Group Public shares last traded at GBX 111.55, with a volume of 69,578,781 shares traded.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on VOD shares. Deutsche Bank Aktiengesellschaft upped their target price on shares of Vodafone Group Public from GBX 140 to GBX 150 and gave the company a “buy” rating in a research note on Thursday, January 22nd. JPMorgan Chase & Co. increased their target price on Vodafone Group Public from GBX 62 to GBX 71 and gave the stock an “underweight” rating in a report on Friday, November 28th. Berenberg Bank raised their target price on Vodafone Group Public from GBX 80 to GBX 82 and gave the stock a “hold” rating in a research report on Friday, October 17th. UBS Group reiterated a “sell” rating and issued a GBX 82 price target on shares of Vodafone Group Public in a research report on Friday, January 23rd. Finally, Citigroup lifted their price objective on Vodafone Group Public from GBX 75 to GBX 85 and gave the company a “neutral” rating in a report on Tuesday, October 14th. One research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Reduce” and a consensus price target of GBX 94.

Vodafone Group Public Price Performance

The stock has a fifty day moving average of GBX 100.84 and a two-hundred day moving average of GBX 92.31. The stock has a market capitalization of £26.12 billion, a price-to-earnings ratio of -6.74, a PEG ratio of 0.59 and a beta of 0.54. The company has a current ratio of 1.37, a quick ratio of 0.78 and a debt-to-equity ratio of 96.88.

Insider Activity at Vodafone Group Public

In other Vodafone Group Public news, insider Anne-Francoise Nesmes bought 20,911 shares of the stock in a transaction dated Friday, November 14th. The stock was bought at an average cost of GBX 95 per share, for a total transaction of £19,865.45. Insiders own 0.43% of the company’s stock.

About Vodafone Group Public

Vodafone is a leading European and African telecoms company.

We serve over 355 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. Vodafone runs one of the world’s largest IoT platforms, with 215 million IoT connections globally, and we provide financial services to around 92 million customers across seven African countries – managing more transactions than any other provider.

From the seabed to the stars, Vodafone’s purpose is to keep everyone connected.

For more information, please visit www.vodafone.com follow us on X at @VodafoneGroup or connect with us on LinkedIn at www.linkedin.com/company/vodafone.