Vodafone Group Public (LON:VOD) Shares Cross Above Two Hundred Day Moving Average - Here's Why

Shares of 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 69.74 ($0.93) and traded as high as GBX 70.64 ($0.94). Vodafone Group Public shares last traded at GBX 70.36 ($0.93), with a volume of 46,086,922 shares traded.

Analyst Ratings Changes

Separately, Citigroup dropped their price target on shares of Vodafone Group Public from GBX 73 ($0.97) to GBX 66 ($0.88) and set a "neutral" rating for the company in a research report on Tuesday, February 18th.

Vodafone Group Public Trading Up 2.6%

The firm's fifty day moving average is GBX 70.75 and its 200-day moving average is GBX 69.66. The firm has a market cap of £21.18 billion, a price-to-earnings ratio of 31.79, a price-to-earnings-growth 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.

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 45 more and have one of the world's largest IoT platforms. In Africa, our financial technology businesses serve almost 83 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.