Vodafone Group Public (LON:VOD) Reaches New 12-Month High – Here’s Why

Vodafone Group Public Limited (LON:VOD)’s stock price hit a new 52-week high during mid-day trading on Friday . The company traded as high as GBX 129.75 and last traded at GBX 128.58, with a volume of 38097941 shares trading hands. The stock had previously closed at GBX 128.65.

Vodafone Group Public Trading Down 0.1%

The firm’s 50-day simple moving average is GBX 116.79 and its 200 day simple moving average is GBX 113.70. The company has a debt-to-equity ratio of 103.96, a current ratio of 1.07 and a quick ratio of 0.78. The firm has a market capitalization of £29.76 billion, a price-to-earnings ratio of -77.93, a P/E/G ratio of 0.59 and a beta of 0.33.

Insiders Place Their Bets

In other Vodafone Group Public news, insider Jean-François Van Boxmeer purchased 22,076 shares of the stock in a transaction dated Tuesday, August 4th. The stock was bought at an average price of GBX 122 per share, with a total value of £26,932.72. Also, insider Margherita D. Valle sold 2,658,846 shares of the company’s stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of GBX 122, for a total value of £3,243,792.12. Insiders purchased a total of 25,904 shares of company stock worth $3,147,577 over the last 90 days. Corporate insiders own 0.48% of the company’s stock.

Vodafone Group Public Company Profile

Vodafone is a leading European and African telecoms company.
We serve around 370 million mobile and broadband customers, operating networks in 15 countries with investments in a further four and partners in over 40 more. We have capacity on more than 70 subsea cable systems – the backbone of the internet – and we are developing a new direct-to-mobile satellite communications service to connect areas without coverage. Vodafone runs one of the world’s largest IoT platforms, with over 240 million IoT connections globally, and we provide financial services to around 103 million customers across seven African countries – managing more transactions than any other provider.
From the seabed to the stars, Vodafone’s purpose is to keep everyone connected.