Vodafone Group Public Limited Company (NASDAQ:VOD) shares, rose in value on Friday, 03/03/23, with the stock price up by 1.60% to the previous day’s close as strong demand from buyers drove the stock to $12.10.
Actively observing the price movement in the last trading, the stock closed the session at $11.91, falling within a range of $11.975 and $12.12. The value of beta (5-year monthly) was 0.60 whereas the PE ratio was 15.65 over 12-month period. Referring to stock’s 52-week performance, its high was $17.67, and the low was $9.94. On the whole, VOD has fluctuated by 5.95% over the past month.
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The company’s Forward Dividend Ratio is 0.95, with its dividend yield at 7.82%.
Revisions could be a useful indicator to get insight on short-term price movement; so for the company, there were no upward and no downward review(s) in last seven days. We see that VOD’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium term indicators have put the stock in the category of 50% Sell while long term indicators on average have been pointing out that it is a Hold.
The stock’s technical analysis shows that the PEG ratio is about 0.75, with the price of VOD currently trading nearly 3.19% and 8.08% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 58.41, while the 7-day volatility ratio is showing 1.37% which for the 30-day chart, stands at 2.09%. Furthermore, Vodafone Group Public Limited Company (VOD)’s beta value is 0.77, and its average true range (ATR) is 0.27.
A comparison of Vodafone Group Public Limited Company (VOD) with its peers suggests the former has fared considerably weaker in the market. VOD showed an intraday change of 1.60% in last session, and over the past year, it shrunk by -31.13%%. On the other hand, the price of Millicom International Cellular S.A. (TIGO) has risen 0.94% on the day. The stock, however, is off 9.03% from where it was a year ago. Additionally, there is a gain of 0.35% for Orange S.A. (ORAN) in last trading while the stock has seen an overall depriciation of -4.08%% over the past year. The PE ratio stands at 15.65 for Vodafone Group Public Limited Company, and 37.19 for Millicom International Cellular S.A. Other than that, the overall performance of the S&P 500 during the last trading session shows that it gained 1.61%. Meanwhile, the Dow Jones Industrial Improved by 1.17%.
Data on historical trading for Vodafone Group Public Limited Company (NASDAQ:VOD) indicates that the trading volumes over the past 10 days have averaged 8.61 million and over the past 3 months, they’ve averaged 8.82 million. According to company’s latest data on outstanding shares, there are 2.71 billion shares outstanding.
Nearly 0.20% of Vodafone Group Public Limited Company’s shares belong to company insiders and institutional investors own 9.50% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 3.22 million shares as on Jan 12, 2023, resulting in a short ratio of 0.34. According to the data, the short interest in Vodafone Group Public Limited Company (VOD) stood at 0.12% of shares outstanding as of Jan 12, 2023; the number of short shares registered in Dec 14, 2022 reached 4.39 million. The stock has risen by 19.57% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the VOD stock heading into the next quarter.