Vocus Group (ASX:VOC) Stock Passes Above Fifty Day Moving Average of $3.11

Vocus Group Ltd (ASX:VOC)’s stock price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $3.11 and traded as high as $3.54. Vocus Group shares last traded at $3.49, with a volume of 1,875,354 shares traded.

The company has a market cap of $2.17 billion and a P/E ratio of 64.63. The company has a 50 day moving average price of A$3.12 and a 200-day moving average price of A$3.57. The company has a quick ratio of 0.58, a current ratio of 0.78 and a debt-to-equity ratio of 47.88.

In other news, insider Robert (Bob) Mansfield bought 47,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 3rd. The stock was acquired at an average price of A$3.20 ($2.27) per share, with a total value of A$150,259.00 ($106,566.67). Also, insider Matthew Hanning bought 59,000 shares of the firm’s stock in a transaction that occurred on Monday, June 17th. The shares were purchased at an average cost of A$3.06 ($2.17) per share, with a total value of A$180,658.00 ($128,126.24).

About Vocus Group (ASX:VOC)

Vocus Group Limited provides integrated telecommunications services in Australia and New Zealand. It offers fiber optic cable network services under the VOCUS communications brand; business communication and technology solutions under the commander brand; IP voice solutions under the engine brand; and telecommunication and insurance products under the dodo brand.

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