A number of other equities analysts also recently issued reports on the company. Zacks Investment Research downgraded VEON from a “buy” rating to a “hold” rating in a research report on Tuesday, February 18th. JPMorgan Chase & Co. upgraded VEON from an “underweight” rating to a “neutral” rating and lowered their price objective for the stock from $2.90 to $2.20 in a research report on Wednesday, March 11th. They noted that the move was a valuation call. Five analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. VEON has an average rating of “Hold” and an average target price of $3.07.
VEON stock traded down $0.01 during trading hours on Thursday, hitting $1.48. The stock had a trading volume of 101,244 shares, compared to its average volume of 9,959,866. The company has a quick ratio of 0.40, a current ratio of 0.43 and a debt-to-equity ratio of 3.50. The stock has a market cap of $2.70 billion, a price-to-earnings ratio of 4.10, a P/E/G ratio of 0.17 and a beta of 1.56. VEON has a one year low of $1.25 and a one year high of $3.28. The business’s 50 day simple moving average is $2.05 and its 200-day simple moving average is $2.38.
VEON Company Profile
VEON Ltd., through its subsidiaries, provides mobile and fixed-line telecommunications services. It offers voice and data telecommunication services through a range of mobile and fixed-line technologies. The company provides value added services, including short messages, multimedia messages, caller number identification, call waiting, data transmission, mobile internet, downloadable content, mobile finance services, machine-to-machine, and other services; national and international roaming services; wireless Internet access and mobile financial services; and mobile bundles and call completion services.
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