Vodafone Group Public (LON:VOD) Share Price Passes Above 200-Day Moving Average - Time to Sell?

Key Points

• Vodafone shares rose above their 200-day moving average, trading as high as GBX 121.15 and last changing hands at GBX 119.90, up 3.1% on the day.
• Analyst sentiment is mixed: the stock has a consensus rating of "Hold" with an average price target of GBX 114.60, though targets range from a UBS "sell" at GBX 95 to a Deutsche Bank "buy" at GBX 155.
• Insider buying provided a positive signal, as director Simon Segars purchased 50,000 shares at GBX 114 each, worth £57,000.

Vodafone Group Public Limited (LON:VOD - Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 109.97 and traded as high as GBX 121.15. Vodafone Group Public shares last traded at GBX 119.90, with a volume of 122,277,734 shares changing hands.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a GBX 155 price target on shares of Vodafone Group Public in a research report on Tuesday, May 12th. Citigroup raised their price objective on Vodafone Group Public from GBX 100 to GBX 115 and gave the company a "neutral" rating in a research report on Wednesday, April 15th. UBS Group reiterated a "sell" rating and issued a GBX 95 target price on shares of Vodafone Group Public in a research note on Monday, May 11th. Finally, Berenberg Bank boosted their target price on shares of Vodafone Group Public from GBX 119 to GBX 123 and gave the stock a "buy" rating in a report on Friday, March 20th. Two research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have given a Sell rating to the company's stock. Based on data from MarketBeat, Vodafone Group Public has a consensus rating of "Hold" and an average price target of GBX 114.60.

Vodafone Group Public Stock Up 3.1%

The company has a 50-day moving average of GBX 109.55 and a 200-day moving average of GBX 109.97. The company has a current ratio of 1.07, a quick ratio of 0.78 and a debt-to-equity ratio of 103.96. The company has a market capitalization of £27.61 billion, a price-to-earnings ratio of -72.67, a price-to-earnings-growth ratio of 0.59 and a beta of 0.32.

Insider Activity at Vodafone Group Public

In related news, insider Simon Segars bought 50,000 shares of the company's stock in a transaction on Wednesday, May 13th. The shares were bought at an average price of GBX 114 per share, with a total value of £57,000. 0.45% of the stock is owned by insiders.

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.

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