Vodafone Group Public (NASDAQ:VOD) Sets New 52-Week High at $10.31

Vodafone Group Public Limited (NASDAQ:VOD) hit a new 52-week high on Monday . The company traded as high as $10.31 and last traded at $10.31, with a volume of 2255691 shares trading hands. The stock had previously closed at $10.17.

Analysts Set New Price Targets

VOD has been the subject of a number of research reports. Deutsche Bank Aktiengesellschaft initiated coverage on Vodafone Group Public in a research note on Thursday, June 20th. They issued a “buy” rating for the company. StockNews.com upgraded Vodafone Group Public from a “hold” rating to a “buy” rating in a research note on Friday, August 30th. New Street Research upgraded Vodafone Group Public to a “strong-buy” rating in a research note on Monday, July 8th. Finally, UBS Group cut Vodafone Group Public from a “buy” rating to a “neutral” rating in a research note on Monday, August 5th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $14.45.

Vodafone Group Public Trading Up 0.5 %

The company has a debt-to-equity ratio of 0.79, a current ratio of 1.31 and a quick ratio of 1.29. The company has a fifty day simple moving average of $9.55 and a two-hundred day simple moving average of $9.12.

Institutional Trading of Vodafone Group Public

Several large investors have recently bought and sold shares of VOD. GAMMA Investing LLC lifted its position in shares of Vodafone Group Public by 116.7% in the second quarter. GAMMA Investing LLC now owns 3,903 shares of the cell phone carrier’s stock valued at $35,000 after acquiring an additional 2,102 shares in the last quarter. Asset Dedication LLC lifted its position in shares of Vodafone Group Public by 630.9% in the second quarter. Asset Dedication LLC now owns 4,634 shares of the cell phone carrier’s stock valued at $41,000 after acquiring an additional 4,000 shares in the last quarter. Allspring Global Investments Holdings LLC purchased a new stake in shares of Vodafone Group Public in the first quarter valued at $46,000. Hexagon Capital Partners LLC lifted its position in shares of Vodafone Group Public by 230.9% in the first quarter. Hexagon Capital Partners LLC now owns 5,410 shares of the cell phone carrier’s stock valued at $48,000 after acquiring an additional 3,775 shares in the last quarter. Finally, Rothschild Investment LLC purchased a new stake in shares of Vodafone Group Public in the second quarter valued at $49,000. Institutional investors and hedge funds own 7.84% of the company’s stock.

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.