Vodafone Group Public (LON:VOD) Share Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

Shares of Vodafone Group Public Limited (LON:VOD) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 103.95 and traded as high as GBX 119.34. Vodafone Group Public shares last traded at GBX 118.65, with a volume of 60,116,273 shares trading hands.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the company. UBS Group restated a “sell” rating and issued a GBX 82 price objective on shares of Vodafone Group Public in a report on Friday, January 23rd. JPMorgan Chase & Co. raised their price objective on Vodafone Group Public from GBX 71 to GBX 85 and gave the company an “underweight” rating in a report on Thursday, March 19th. Berenberg Bank raised their price objective on Vodafone Group Public from GBX 119 to GBX 123 and gave the company a “buy” rating in a report on Friday, March 20th. Deutsche Bank Aktiengesellschaft raised their price objective on Vodafone Group Public from GBX 140 to GBX 150 and gave the company a “buy” rating in a report on Thursday, January 22nd. Finally, Citigroup raised their price objective on Vodafone Group Public from GBX 100 to GBX 115 and gave the company a “neutral” rating in a report on Wednesday, April 15th. Two analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of GBX 111.

Vodafone Group Public Stock Performance

The company has a current ratio of 1.17, a quick ratio of 0.78 and a debt-to-equity ratio of 102.06. The firm has a fifty day moving average price of GBX 113.14 and a 200 day moving average price of GBX 103.95. The firm has a market cap of £27.35 billion, a PE ratio of -7.17, a price-to-earnings-growth ratio of 0.59 and a beta of 0.32.

About Vodafone Group Public

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.