Vodafone Group Public (LON:VOD) Shares Cross Above 200 Day Moving Average – Time to Sell?

Shares of Vodafone Group Public Limited (LON:VOD) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 108.22 and traded as high as GBX 116.81. Vodafone Group Public shares last traded at GBX 112.80, with a volume of 81,104,531 shares traded.

Analyst Upgrades and Downgrades

VOD has been the topic of a number of research analyst reports. Citigroup increased their price objective on shares of Vodafone Group Public from GBX 100 to GBX 115 and gave the stock a “neutral” rating in a research report on Wednesday, April 15th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 155 price objective on shares of Vodafone Group Public in a research report on Tuesday, May 12th. UBS Group reissued a “sell” rating and set a GBX 95 price objective on shares of Vodafone Group Public in a research report on Monday, May 11th. Berenberg Bank raised their price target on shares of Vodafone Group Public from GBX 119 to GBX 123 and gave the company a “buy” rating in a research report on Friday, March 20th. Finally, JPMorgan Chase & Co. raised their price target on shares of Vodafone Group Public from GBX 71 to GBX 85 and gave the company an “underweight” rating in a research report on Thursday, March 19th. Two equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Vodafone Group Public currently has an average rating of “Hold” and a consensus target price of GBX 114.60.

Vodafone Group Public Stock Performance

The firm has a market cap of £25.42 billion, a P/E ratio of -66.91, a PEG ratio of 0.59 and a beta of 0.32. The company has a current ratio of 1.13, a quick ratio of 0.78 and a debt-to-equity ratio of 103.96. The company’s 50-day moving average is GBX 114.09 and its two-hundred day moving average is GBX 108.46.

Insiders Place Their Bets

In other Vodafone Group Public news, insider Simon Segars purchased 50,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 13th. The shares were acquired at an average price of GBX 114 per share, with a total value of £57,000. Insiders own 0.45% of the company’s stock.

Vodafone Group Public Company Profile

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.