Vodafone Group Public (LON:VOD) Shares Cross 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 79.54 ($1.06) and traded as high as GBX 87.61 ($1.17). Vodafone Group Public shares last traded at GBX 86.68 ($1.16), with a volume of 57,759,457 shares.

Wall Street Analyst Weigh In

VOD has been the subject of several analyst reports. Berenberg Bank lifted their price target on shares of Vodafone Group Public from GBX 80 to GBX 82 and gave the stock a "hold" rating in a research report on Friday, October 17th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Vodafone Group Public from GBX 135 to GBX 140 and gave the stock a "buy" rating in a research report on Tuesday, October 14th. Finally, Citigroup lifted their price target on shares of Vodafone Group Public from GBX 75 to GBX 85 and gave the stock a "neutral" rating in a research report on Tuesday, October 14th. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of GBX 102.33.

Vodafone Group Public Price Performance

The company has a market cap of £20.93 billion, a price-to-earnings ratio of -5.48, a PEG ratio of 0.59 and a beta of 0.54. The company has a quick ratio of 0.78, a current ratio of 1.37 and a debt-to-equity ratio of 96.88. The company's fifty day moving average price is GBX 86.46 and its two-hundred day moving average price is GBX 79.54.

Insider Activity at Vodafone Group Public

In other Vodafone Group Public news, insider Christine Ramon acquired 138,055 shares of the business's stock in a transaction dated Wednesday, August 6th. The shares were acquired at an average price of GBX 83 per share, with a total value of £114,585.65. Also, insider Margherita D. Valle sold 885,183 shares of the business's stock in a transaction on Monday, July 28th. The stock was sold at an average price of GBX 83, for a total transaction of £734,701.89. 0.34% of the stock is owned by corporate insiders.

Vodafone Group Public Company Profile

Vodafone is a leading European and African telecoms company. We serve over 340 million mobile and broadband customers, operating networks in 15 countries with investments in a further five and partners in over 40 more. Our undersea cables transport around a sixth of the world's internet traffic, and we are developing a new direct-to-mobile satellite communications service to connect areas without coverage.

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