Vodafone Group Public (LON:VOD) Stock Price Crosses Above Two Hundred Day Moving Average - Should You Sell?

Key Points

• Vodafone shares rose above their 200-day moving average, reaching GBX 119.70 before last trading at GBX 118 on heavy volume of approximately 65.5 million shares.
• Analyst sentiment remains mixed: UBS maintained a “Sell” rating with a GBX 95 target, while Deutsche Bank reiterated “Buy” at GBX 155. Overall, the consensus rating is “Hold,” with a GBX 114.60 price target.
• Company insiders have been buying shares, purchasing 25,904 shares worth about $3.15 million over the past three months; insiders own 0.45% of Vodafone’s stock.

Shares of Vodafone Group Public Limited (LON:VOD - Get Free Report) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 112.84 and traded as high as GBX 119.70. Vodafone Group Public shares last traded at GBX 118, with a volume of 65,546,422 shares trading hands.

Analyst Ratings Changes

A number of research firms recently weighed in on VOD. UBS Group restated a "sell" rating and issued a GBX 95 target price on shares of Vodafone Group Public in a report on Monday, May 11th. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and set a GBX 155 price target on shares of Vodafone Group Public in a research note on Tuesday, May 12th. Two equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of GBX 114.60.

Vodafone Group Public Trading Down 1.2%

The company has a debt-to-equity ratio of 103.96, a quick ratio of 0.78 and a current ratio of 1.07. The firm has a 50 day simple moving average of GBX 112.34 and a two-hundred day simple moving average of GBX 112.84. The firm has a market capitalization of £27.27 billion, a P/E ratio of -71.52, a PEG ratio of 0.59 and a beta of 0.33.

Insider Activity

In other news, insider Stephen A. Carter purchased 2,961 shares of the company's stock in a transaction that occurred on Friday, July 31st. The shares were bought at an average cost of GBX 118 per share, with a total value of £3,493.98. Also, insider Simon Dingemans purchased 867 shares of the business's stock in a transaction that occurred on Thursday, July 30th. The shares were purchased at an average price of GBX 121 per share, for a total transaction of £1,049.07. In the last three months, insiders have purchased 25,904 shares of company stock worth $3,147,577. Company insiders own 0.45% of the company's stock.

About Vodafone Group Public

Vodafone is a leading European and African telecoms company. We serve around 370 million mobile and broadband customers, operating networks in 15 countries with investments in a further four and partners in over 40 more. We have capacity on more than 70 subsea cable systems – the backbone of the internet – and we are developing a new direct-to-mobile satellite communications service to connect areas without coverage. Vodafone runs one of the world's largest IoT platforms, with over 240 million IoT connections globally, and we provide financial services to around 103 million customers across seven African countries – managing more transactions than any other provider. From the seabed to the stars, Vodafone's purpose is to keep everyone connected.

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