Vodafone Group Public (LON:VOD) Hits New 12-Month High - Should You Buy?

Vodafone Group Public Limited (LON:VOD - Get Free Report)'s stock price reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 82.44 ($1.12) and last traded at GBX 80.96 ($1.10), with a volume of 59495055 shares traded. The stock had previously closed at GBX 81.62 ($1.11).

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank started coverage on shares of Vodafone Group Public in a research report on Wednesday, June 25th. They set a "hold" rating and a GBX 80 ($1.09) target price for the company.

Vodafone Group Public Stock Down 0.2%

The company has a current ratio of 1.37, a quick ratio of 0.78 and a debt-to-equity ratio of 96.88. The stock's 50-day simple moving average is GBX 74.93 and its 200-day simple moving average is GBX 71.12. The firm has a market capitalization of £24.41 billion, a P/E ratio of 36.64, a P/E/G ratio of 0.59 and a beta of 0.54.

Insider Transactions at Vodafone Group Public

In other news, insider Margherita D. Valle acquired 251,374 shares of Vodafone Group Public stock in a transaction on Wednesday, June 25th. The stock was acquired at an average cost of GBX 77 ($1.05) per share, with a total value of £193,557.98 ($263,451.72). Also, insider Luka Mucic acquired 356,000 shares of Vodafone Group Public stock in a transaction on Tuesday, May 20th. The stock was purchased at an average cost of GBX 72 ($0.98) per share, with a total value of £256,320 ($348,877.09). Corporate insiders own 5.90% of the company's stock.

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.

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