Vodafone Group Public (LON:VOD) Share Price Breaks Above 200 Day Moving Average – Should You Sell?

Vodafone Group Public Limited (LON:VOD)’s stock price passed above its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of GBX 116.26 and traded as high as GBX 122.10. Vodafone Group Public shares last traded at GBX 121.45, with a volume of 81,627,242 shares trading hands.

Analysts Set New Price Targets

VOD has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 160 price objective on shares of Vodafone Group Public in a report on Friday, October 9th. Berenberg Bank raised Vodafone Group Public to a “buy” rating and raised their target price for the company from GBX 123 to GBX 140 in a research note on Friday, October 2nd. Two analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, Vodafone Group Public presently has an average rating of “Hold” and a consensus price target of GBX 119.

Vodafone Group Public Price Performance

The stock has a market capitalization of £28.14 billion, a price-to-earnings ratio of -73.61, a price-to-earnings-growth ratio of 0.59 and a beta of 0.33. The company has a current ratio of 1.07, a quick ratio of 0.78 and a debt-to-equity ratio of 103.96. The stock has a 50-day simple moving average of GBX 122.91 and a 200 day simple moving average of GBX 116.26.

Insider Transactions at Vodafone Group Public

In other Vodafone Group Public news, insider Margherita D. Valle sold 2,658,846 shares of the business’s stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of GBX 122, for a total value of £3,243,792.12. Also, insider Jean-François Van Boxmeer acquired 22,076 shares of the firm’s stock in a transaction that occurred on Tuesday, August 4th. The stock was acquired at an average price of GBX 122 per share, with a total value of £26,932.72. Insiders purchased 25,904 shares of company stock valued at $3,147,577 over the last 90 days. Company insiders own 0.48% of the company’s stock.

Vodafone Group Public Company Profile

everyone.connected

Vodafone is a leading European and African telecoms company.

We serve around 370 million mobile and broadband customers, operating networks in 17 countries with investments in a further three 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 eight African countries – managing more transactions than any other provider.
From the seabed to the stars, Vodafone’s mission is to connect everyone.
For more information, please visit www.vodafone.com follow us on X at @VodafoneGroup or connect with us on LinkedIn at www.linkedin.com/company/vodafone.