VEON Ltd. (NASDAQ:VEON – Get Rating) shares saw unusually-strong trading volume on Tuesday . Approximately 161,380 shares were traded during mid-day trading, a decline of 89% from the previous session’s volume of 1,420,353 shares.The stock last traded at $0.60 and had previously closed at $0.60.
Wall Street Analyst Weigh In
Separately, StockNews.com assumed coverage on VEON in a report on Tuesday, November 29th. They set a “strong-buy” rating for the company.
VEON Price Performance
The stock has a fifty day moving average price of $0.40 and a 200-day moving average price of $0.44. The company has a current ratio of 0.62, a quick ratio of 0.60 and a debt-to-equity ratio of 6.04.
Hedge Funds Weigh In On VEON
VEON Ltd., through its subsidiaries, provides mobile and fixed-line telecommunications services. It offers voice, data, and other telecommunication services through a range of wireless, fixed, and broadband internet services. The company provides value-added services, including short messages, multimedia messages, caller number identification, call waiting, data transmission, mobile internet, downloadable content, mobile finance, machine-to-machine, and other services; national and international roaming services; wireless internet access; and mobile bundles and call completion services.
- Get a free copy of the StockNews.com research report on VEON (VEON)
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