Vodafone Group Public (NASDAQ:VOD - Get Free Report) was upgraded by research analysts at StockNews.com from a "hold" rating to a "buy" rating in a research note issued to investors on Wednesday.
Separately, The Goldman Sachs Group lowered shares of Vodafone Group Public from a "buy" rating to a "neutral" rating in a report on Monday, December 9th. Two equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy".
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Vodafone Group Public Price Performance
Shares of VOD stock traded up $0.41 on Wednesday, reaching $9.42. The company's stock had a trading volume of 13,784,614 shares, compared to its average volume of 6,310,742. The stock's fifty day simple moving average is $8.51 and its 200-day simple moving average is $9.07. Vodafone Group Public has a 1 year low of $8.00 and a 1 year high of $10.39. The company has a current ratio of 1.37, a quick ratio of 1.34 and a debt-to-equity ratio of 0.78. The company has a market capitalization of $23.92 billion, a price-to-earnings ratio of 8.26, a price-to-earnings-growth ratio of 0.66 and a beta of 0.75.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently bought and sold shares of the company. Brucke Financial Inc. purchased a new position in Vodafone Group Public during the fourth quarter worth $114,000. B. Riley Wealth Advisors Inc. boosted its stake in shares of Vodafone Group Public by 7.2% during the fourth quarter. B. Riley Wealth Advisors Inc. now owns 30,862 shares of the cell phone carrier's stock valued at $269,000 after purchasing an additional 2,076 shares during the period. WNY Asset Management LLC boosted its stake in shares of Vodafone Group Public by 0.7% during the fourth quarter. WNY Asset Management LLC now owns 350,112 shares of the cell phone carrier's stock valued at $2,972,000 after purchasing an additional 2,505 shares during the period. Forum Financial Management LP boosted its stake in shares of Vodafone Group Public by 34.8% during the fourth quarter. Forum Financial Management LP now owns 27,038 shares of the cell phone carrier's stock valued at $230,000 after purchasing an additional 6,987 shares during the period. Finally, Michels Family Financial LLC purchased a new stake in shares of Vodafone Group Public during the fourth quarter valued at $743,000. 7.84% of the stock is owned by hedge funds and other institutional investors.
Vodafone Group Public Company Profile
(
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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.
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