Vodafone Group Public (LON:VOD) Stock Crosses Above Two Hundred Day Moving Average of $69.14

Vodafone Group Public Limited (LON:VOD) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 69.14 ($0.88) and traded as high as GBX 72.08 ($0.92). Vodafone Group Public shares last traded at GBX 71.64 ($0.91), with a volume of 74,380,196 shares trading hands.

Wall Street Analyst Weigh In

VOD has been the topic of several recent research reports. Barclays increased their price objective on shares of Vodafone Group Public from GBX 80 ($1.02) to GBX 85 ($1.08) and gave the stock an “equal weight” rating in a research note on Wednesday, May 15th. Citigroup reiterated a “neutral” rating and issued a GBX 68 ($0.86) price objective on shares of Vodafone Group Public in a research note on Wednesday, March 20th.

Vodafone Group Public Stock Performance

The business’s fifty day moving average price is GBX 71.02 and its two-hundred day moving average price is GBX 69.14. The company has a debt-to-equity ratio of 93.42, a quick ratio of 0.78 and a current ratio of 1.31. The stock has a market capitalization of £19.39 billion, a P/E ratio of 1,791.00, a P/E/G ratio of 0.59 and a beta of 0.49.

Vodafone Group Public Announces Dividend

The firm also recently announced a dividend, which will be paid on Friday, August 2nd. Stockholders of record on Thursday, June 6th will be given a dividend of €0.05 ($0.05) per share. This represents a dividend yield of 5.53%. The ex-dividend date of this dividend is Thursday, June 6th. Vodafone Group Public’s dividend payout ratio is 20,000.00%.

Insider Activity at Vodafone Group Public

In other news, insider Van Boxmeer purchased 823,500 shares of the business’s stock in a transaction that occurred on Wednesday, March 27th. The shares were bought at an average cost of GBX 69 ($0.88) per share, for a total transaction of £568,215 ($722,001.27). In other news, insider Van Boxmeer purchased 823,500 shares of the business’s stock in a transaction that occurred on Wednesday, March 27th. The shares were bought at an average cost of GBX 69 ($0.88) per share, for a total transaction of £568,215 ($722,001.27). Also, insider Luka Mucic bought 510,000 shares of the company’s stock in a transaction on Monday, June 3rd. The stock was bought at an average price of GBX 76 ($0.97) per share, for a total transaction of £387,600 ($492,503.18). 8.26% of the stock is currently owned by insiders.

Vodafone Group Public Company Profile

Vodafone Group Public Limited Company provides telecommunication services in Europe and internationally. It offers mobile connectivity services comprising end-to-end services for mobile voice and data, messaging, device management, BYOx, and telecoms management, as well as professional and consulting services; and fixed line connectivity, such as fixed voice and data, broadband, software-defined networks, managed WAN, LAN, ethernet, and satellite; and financial services, as well as business and merchant services.