Vodafone Group Public (NASDAQ:VOD) Reaches New 52-Week High at $10.31

Vodafone Group Public Limited (NASDAQ:VOD - Get Free Report) reached a new 52-week high during trading on Monday . The company traded as high as $10.31 and last traded at $10.31, with a volume of 2255691 shares trading hands. The stock had previously closed at $10.17.

Wall Street Analyst Weigh In

VOD has been the topic of several research reports. Deutsche Bank Aktiengesellschaft initiated coverage on Vodafone Group Public in a research report on Thursday, June 20th. They set a "buy" rating on the stock. New Street Research raised shares of Vodafone Group Public to a "strong-buy" rating in a report on Monday, July 8th. UBS Group lowered shares of Vodafone Group Public from a "buy" rating to a "neutral" rating in a research note on Monday, August 5th. Finally, StockNews.com upgraded Vodafone Group Public from a "hold" rating to a "buy" rating in a research note on Friday, August 30th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $14.45.

Vodafone Group Public Stock Performance

The business's fifty day moving average is $9.51 and its 200 day moving average is $9.11. The company has a quick ratio of 1.29, a current ratio of 1.31 and a debt-to-equity ratio of 0.79.

Institutional Trading of Vodafone Group Public

A number of hedge funds have recently bought and sold shares of VOD. GAMMA Investing LLC boosted its position in shares of Vodafone Group Public by 116.7% in the second quarter. GAMMA Investing LLC now owns 3,903 shares of the cell phone carrier's stock worth $35,000 after buying an additional 2,102 shares during the period. Asset Dedication LLC boosted its position in Vodafone Group Public by 630.9% during the 2nd quarter. Asset Dedication LLC now owns 4,634 shares of the cell phone carrier's stock worth $41,000 after acquiring an additional 4,000 shares during the period. Allspring Global Investments Holdings LLC purchased a new position in Vodafone Group Public during the 1st quarter valued at about $46,000. Hexagon Capital Partners LLC lifted its position in shares of Vodafone Group Public by 230.9% in the first quarter. Hexagon Capital Partners LLC now owns 5,410 shares of the cell phone carrier's stock worth $48,000 after purchasing an additional 3,775 shares in the last quarter. Finally, Rothschild Investment LLC acquired a new stake in shares of Vodafone Group Public during the second quarter worth approximately $49,000. 7.84% of the stock is owned by hedge funds and other institutional investors.

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.