Vodafone Group Public (LON:VOD) Stock Passes Above 200 Day Moving Average of $70.80

Vodafone Group Public Limited (LON:VOD - Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 70.80 ($0.93) and traded as high as GBX 76.78 ($1.01). Vodafone Group Public shares last traded at GBX 76.78 ($1.01), with a volume of 74,424,793 shares trading hands.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on VOD. Barclays increased their price target on Vodafone Group Public from GBX 80 ($1.05) to GBX 85 ($1.12) and gave the company an "equal weight" rating in a report on Wednesday, May 15th. Citigroup reissued a "neutral" rating and set a GBX 70 ($0.92) price target on shares of Vodafone Group Public in a report on Friday, July 12th.

Vodafone Group Public Price Performance

The company has a current ratio of 1.31, a quick ratio of 0.78 and a debt-to-equity ratio of 95.92. The stock has a market capitalization of £20.58 billion, a PE ratio of 1,954.50, a price-to-earnings-growth ratio of 0.59 and a beta of 0.53. The firm has a 50 day moving average price of GBX 72.36 and a 200 day moving average price of GBX 70.84.

Insider Transactions at Vodafone Group Public

In other news, insider Margherita D. Valle sold 620,878 shares of the company's stock in a transaction on Monday, August 5th. The stock was sold at an average price of GBX 69 ($0.91), for a total value of £428,405.82 ($563,321.26). In other news, insider Margherita D. Valle sold 620,878 shares of the company's stock in a transaction on Monday, August 5th. The stock was sold at an average price of GBX 69 ($0.91), for a total value of £428,405.82 ($563,321.26). Also, insider Van Boxmeer purchased 62,867 shares of the business's stock in a transaction on Wednesday, August 7th. The stock was acquired at an average price of GBX 72 ($0.95) per share, with a total value of £45,264.24 ($59,519.05). 5.86% of the stock is currently owned by company insiders.

About Vodafone Group Public

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.