Vodafone Group Plc (NASDAQ:VOD)’s share price was down 3.2% on Tuesday . The stock traded as low as $16.75 and last traded at $16.24. Approximately 858,406 shares changed hands during mid-day trading, a decline of 82% from the average daily volume of 4,746,461 shares. The stock had previously closed at $16.77.
VOD has been the subject of a number of research analyst reports. Bank of America raised shares of Vodafone Group from a “neutral” rating to a “buy” rating and set a $18.50 price objective for the company in a research report on Wednesday, February 6th. Kepler Capital Markets raised shares of Vodafone Group from a “reduce” rating to a “buy” rating in a research report on Monday, January 28th. Macquarie raised shares of Vodafone Group from a “neutral” rating to an “outperform” rating in a research report on Wednesday, March 20th. BidaskClub cut shares of Vodafone Group from a “hold” rating to a “sell” rating in a research report on Thursday, January 17th. Finally, BNP Paribas reaffirmed a “neutral” rating on shares of Vodafone Group in a research report on Friday, March 8th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $25.13.
The company has a quick ratio of 1.27, a current ratio of 1.30 and a debt-to-equity ratio of 0.70. The firm has a market capitalization of $45.88 billion, a price-to-earnings ratio of 11.96, a price-to-earnings-growth ratio of 2.30 and a beta of 0.73.
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Vodafone Group Company Profile (NASDAQ:VOD)
Vodafone Group Plc engages in telecommunication services in Europe, Africa, the Middle East, and the Asia Pacific. The company's consumer products include mobile services, such as call, text, and data; broadband; television offerings and voice; mobile money services through M-pesa; Giga TV, an advanced digital service; and converged communication solutions, such as GigaKombi, Vodafone One Net Enterprise, Vodafone One, and Vodafone Meet Anywhere.
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