Vodafone Group Public (LON:VOD) Shares Cross Above 200 Day Moving Average - Should You Sell?

Vodafone Group Public Limited (LON:VOD - Get Free Report)'s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 72.70 ($0.94) and traded as high as GBX 72.82 ($0.94). Vodafone Group Public shares last traded at GBX 72.34 ($0.94), with a volume of 44,444,035 shares.

Wall Street Analysts Forecast Growth

Separately, Citigroup reissued a "neutral" rating and issued a GBX 70 ($0.91) target price on shares of Vodafone Group Public in a research note on Friday, July 12th.

Vodafone Group Public Trading Up 0.4 %

The company has a market capitalization of £18.91 billion, a P/E ratio of 1,808.50, a PEG ratio of 0.59 and a beta of 0.54. The company has a debt-to-equity ratio of 95.92, a current ratio of 1.31 and a quick ratio of 0.78. The business's 50-day moving average price is GBX 75.02 and its two-hundred day moving average price is GBX 72.70.

Insiders Place Their Bets

In other Vodafone Group Public news, insider Van Boxmeer acquired 62,867 shares of the firm's stock in a transaction that occurred on Wednesday, August 7th. The stock was acquired at an average cost of GBX 72 ($0.93) per share, for a total transaction of £45,264.24 ($58,700.87). In related news, insider Van Boxmeer acquired 62,867 shares of the company's stock in a transaction that occurred on Wednesday, August 7th. The shares were acquired at an average cost of GBX 72 ($0.93) per share, for a total transaction of £45,264.24 ($58,700.87). Also, insider Margherita D. Valle sold 620,878 shares of the business's stock in a transaction on Monday, August 5th. The shares were sold at an average price of GBX 69 ($0.89), for a total transaction of £428,405.82 ($555,577.51). Corporate insiders own 5.90% 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.