Vodafone Group Public (LON:VOD) Reaches New 1-Year High - Should You Buy?

Vodafone Group Public Limited (LON:VOD - Get Free Report) shares hit a new 52-week high during trading on Friday . The stock traded as high as GBX 82.66 ($1.11) and last traded at GBX 82.40 ($1.11), with a volume of 128837039 shares trading hands. The stock had previously closed at GBX 82 ($1.10).

Analysts Set New Price Targets

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

Vodafone Group Public Trading Up 1.4%

The stock's fifty day simple moving average is GBX 76.54 and its 200-day simple moving average is GBX 71.97. The firm has a market cap of £25.11 billion, a PE ratio of 37.68, a PEG ratio of 0.59 and a beta of 0.54. The company has a debt-to-equity ratio of 96.88, a current ratio of 1.37 and a quick ratio of 0.78.

Insider Buying and Selling at Vodafone Group Public

In related news, insider Margherita D. Valle acquired 251,374 shares of Vodafone Group Public stock in a transaction that occurred on Wednesday, June 25th. The stock was acquired at an average price of GBX 77 ($1.03) per share, with a total value of £193,557.98 ($259,635.12). Also, insider Luka Mucic bought 356,000 shares of the company's stock in a transaction dated Tuesday, May 20th. The stock was acquired at an average price of GBX 72 ($0.97) per share, for a total transaction of £256,320 ($343,822.94). Corporate insiders own 5.90% of the company's stock.

Vodafone Group Public Company Profile

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.