Vodafone Group Public (LON:VOD) Stock Price Passes Above 200-Day Moving Average - Should You Sell?

Vodafone Group Public Limited (LON:VOD - Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 71.65 ($0.96) and traded as high as GBX 81.84 ($1.10). Vodafone Group Public shares last traded at GBX 80.80 ($1.08), with a volume of 42,598,656 shares traded.

Wall Street Analyst Weigh In

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

Vodafone Group Public Trading Down 0.1%

The company's 50 day moving average price is GBX 76.54 and its 200 day moving average price is GBX 71.92. The company has a market cap of £24.75 billion, a price-to-earnings ratio of 37.15, 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 quick ratio of 0.78 and a current ratio of 1.37.

Insider Activity

In other Vodafone Group Public news, insider Margherita D. Valle purchased 251,374 shares of the stock in a transaction dated Wednesday, June 25th. The stock was bought at an average price of GBX 77 ($1.03) per share, for a total transaction of £193,557.98 ($259,809.37). Also, insider Luka Mucic purchased 356,000 shares of the stock in a transaction dated Tuesday, May 20th. The shares were acquired at an average price of GBX 72 ($0.97) per share, with a total value of £256,320 ($344,053.69). Company 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.