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

Vodafone Group Public Limited (LON:VOD) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 82.97 and traded as high as GBX 90.20. Vodafone Group Public shares last traded at GBX 90.02, with a volume of 67,038,313 shares.

Analysts Set New Price Targets

A number of brokerages recently issued reports on VOD. Berenberg Bank lifted their price objective on shares of Vodafone Group Public from GBX 80 to GBX 82 and gave the company a “hold” rating in a research note on Friday, October 17th. Deutsche Bank Aktiengesellschaft boosted their price target on Vodafone Group Public from GBX 135 to GBX 140 and gave the stock a “buy” rating in a report on Tuesday, October 14th. Citigroup raised their price objective on Vodafone Group Public from GBX 75 to GBX 85 and gave the company a “neutral” rating in a research note on Tuesday, October 14th. Finally, UBS Group reissued a “neutral” rating and set a GBX 72 target price on shares of Vodafone Group Public in a research note on Friday, November 7th. One equities research analyst has rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, Vodafone Group Public currently has an average rating of “Hold” and a consensus price target of GBX 94.75.

Vodafone Group Public Price Performance

The company has a current ratio of 1.37, a quick ratio of 0.78 and a debt-to-equity ratio of 96.88. The business’s 50-day simple moving average is GBX 87.84 and its two-hundred day simple moving average is GBX 83.04. The firm has a market cap of £21.52 billion, a price-to-earnings ratio of -5.65, a P/E/G ratio of 0.59 and a beta of 0.54.

Insider Buying and Selling

In other Vodafone Group Public news, insider Anne-Francoise Nesmes bought 20,911 shares of the firm’s stock in a transaction that occurred on Friday, November 14th. The stock was acquired at an average price of GBX 95 per share, with a total value of £19,865.45. Company insiders own 0.43% of the company’s stock.

About Vodafone Group Public

Vodafone is a leading European and African telecoms company.

We serve over 355 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.