Vodafone Group Public (LON:VOD) Stock Price Passes Above 200-Day Moving Average - Here's What Happened

Key Points

• Share price crossed above its 200‑day moving average: Vodafone traded as high as GBX 116.90 and last at GBX 115.45, surpassing the 200‑day MA of GBX 99.62 on volume of about 79.6 million shares.
• Analyst views are mixed with a consensus "Hold": Two analysts rate the stock Buy while others rate Hold or Sell, leaving a MarketBeat consensus of "Hold" and a consensus price target of GBX 105, below the current share price.
• Fundamentals show leverage and negative earnings: Vodafone has a market cap of £26.71 billion, a negative P/E of -6.99 and a high debt‑to‑equity ratio of 102.06, signaling significant leverage despite the technical breakout.

Vodafone Group Public Limited (LON:VOD - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 99.62 and traded as high as GBX 116.90. Vodafone Group Public shares last traded at GBX 115.45, with a volume of 79,641,484 shares changing hands.

Wall Street Analyst Weigh In

Several equities analysts have commented on the company. Berenberg Bank raised their price objective on Vodafone Group Public from GBX 119 to GBX 123 and gave the company a "buy" rating in a research report on Friday, March 20th. Deutsche Bank Aktiengesellschaft lifted their price target on Vodafone Group Public from GBX 140 to GBX 150 and gave the stock a "buy" rating in a research report on Thursday, January 22nd. JPMorgan Chase & Co. lifted their price target on Vodafone Group Public from GBX 71 to GBX 85 and gave the stock an "underweight" rating in a research report on Thursday, March 19th. Finally, UBS Group reaffirmed a "sell" rating and issued a GBX 82 price target on shares of Vodafone Group Public in a research report on Friday, January 23rd. Two 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's stock. According to data from MarketBeat, Vodafone Group Public currently has an average rating of "Hold" and a consensus price target of GBX 105.

Vodafone Group Public Trading Up 0.2%

The stock has a 50 day simple moving average of GBX 111.76 and a 200-day simple moving average of GBX 99.62. The firm has a market capitalization of £26.71 billion, a P/E ratio of -6.99, a P/E/G ratio of 0.59 and a beta of 0.31. The company has a current ratio of 1.17, a quick ratio of 0.78 and a debt-to-equity ratio of 102.06.

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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