Vodacom Group Limited (OTCMKTS:VDMCY – Get Free Report) shares saw unusually-high trading volume on Wednesday. Approximately 319,604 shares changed hands during trading, an increase of 835% from the average daily volume of 34,194 shares. The stock last traded at $10.61 and had previously closed at $10.73.
Vodacom Group Price Performance
The stock’s 50-day simple moving average is $9.56 and its 200 day simple moving average is $9.39.
Vodacom Group Company Profile
Vodacom Group is a telecommunications and digital services company headquartered in South Africa. It began providing mobile services in South Africa in 1994 and is part of the Vodafone Group. The company offers mobile voice and data, fixed broadband, and enterprise connectivity services. Its digital offerings include financial services through M-Pesa, which supports mobile payments and related services in several markets. Vodacom serves customers in South Africa and other African markets, including the Democratic Republic of the Congo, Egypt, Lesotho, Mozambique, and Tanzania.
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