Christine Ramon Buys 138,055 Shares of Vodafone Group Public Limited (LON:VOD) Stock

Key Points

• Insider Christine Ramon purchased 138,055 shares of Vodafone stock for a total of £114,585.65 on August 6th, at an average price of GBX 83 ($1.11) per share.
• Vodafone's stock recently traded down 2.2%, reaching GBX 83.58 ($1.12), with a market capitalization of £25.26 billion and a P/E ratio of 37.91.
• Berenberg Bank initiated coverage on Vodafone with a "hold" rating and set a price objective of GBX 80 ($1.07).

Vodafone Group Public Limited (LON:VOD - Get Free Report) insider Christine Ramon purchased 138,055 shares of the company's stock in a transaction that occurred on Wednesday, August 6th. The stock was bought at an average cost of GBX 83 ($1.11) per share, with a total value of £114,585.65 ($153,909.54).

Vodafone Group Public Price Performance

LON:VOD traded up GBX 1.20 ($0.02) during trading hours on Monday, hitting GBX 85.78 ($1.15). The company's stock had a trading volume of 50,313,707 shares, compared to its average volume of 92,808,172. The company has a debt-to-equity ratio of 96.88, a current ratio of 1.37 and a quick ratio of 0.78. The company has a market capitalization of £25.92 billion, a P/E ratio of 38.91, a PEG ratio of 0.59 and a beta of 0.54. Vodafone Group Public Limited has a twelve month low of GBX 62.40 ($0.84) and a twelve month high of GBX 87.49 ($1.18). The stock has a fifty day simple moving average of GBX 79.48 and a 200-day simple moving average of GBX 73.74.

Analysts Set New Price Targets

Separately, Berenberg Bank began coverage on shares of Vodafone Group Public in a research report on Wednesday, June 25th. They set a "hold" rating and a GBX 80 ($1.07) price objective for the company.

About Vodafone Group Public

Vodafone is a leading European and African telecoms company. We provide mobile and fixed services to over 340 million customers in 15 countries, partner with mobile networks in over 40 more and have one of the world's largest IoT platforms. In Africa, our financial technology businesses serve almost 88 million customers across seven countries – managing more transactions than any other provider. Our purpose is to connect for a better future by using technology to improve lives, businesses and help progress inclusive sustainable societies.