Vodafone Group Public (NASDAQ:VOD) Stock Price Up 3.6% – Should You Buy?

Vodafone Group Public Limited (NASDAQ:VOD)’s stock price rose 3.6% during trading on Monday . The company traded as high as $8.62 and last traded at $8.67. Approximately 3,455,602 shares traded hands during trading, a decline of 60% from the average daily volume of 8,746,690 shares. The stock had previously closed at $8.36.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the company. StockNews.com lowered Vodafone Group Public from a “buy” rating to a “hold” rating in a research report on Wednesday, February 19th. The Goldman Sachs Group lowered shares of Vodafone Group Public from a “buy” rating to a “neutral” rating in a research note on Monday, December 9th. Three research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

Vodafone Group Public Trading Up 3.1 %

The firm has a market cap of $21.88 billion, a P/E ratio of 7.56, a P/E/G ratio of 0.66 and a beta of 0.78. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.34 and a current ratio of 1.37. The firm has a fifty day moving average of $8.42 and a 200-day moving average of $9.12.

Institutional Investors Weigh In On Vodafone Group Public

Hedge funds have recently added to or reduced their stakes in the stock. Smartleaf Asset Management LLC increased its holdings in shares of Vodafone Group Public by 63.7% in the 4th quarter. Smartleaf Asset Management LLC now owns 4,881 shares of the cell phone carrier’s stock worth $41,000 after acquiring an additional 1,899 shares during the period. GeoWealth Management LLC increased its stake in shares of Vodafone Group Public by 258.0% in the fourth quarter. GeoWealth Management LLC now owns 5,180 shares of the cell phone carrier’s stock valued at $44,000 after purchasing an additional 3,733 shares during the period. CENTRAL TRUST Co raised its holdings in shares of Vodafone Group Public by 37.8% during the third quarter. CENTRAL TRUST Co now owns 5,516 shares of the cell phone carrier’s stock valued at $55,000 after buying an additional 1,513 shares during the last quarter. CoreCap Advisors LLC boosted its position in shares of Vodafone Group Public by 509.7% during the fourth quarter. CoreCap Advisors LLC now owns 6,829 shares of the cell phone carrier’s stock worth $58,000 after buying an additional 5,709 shares during the period. Finally, Parkside Financial Bank & Trust grew its holdings in Vodafone Group Public by 912.9% in the 4th quarter. Parkside Financial Bank & Trust now owns 7,212 shares of the cell phone carrier’s stock worth $61,000 after buying an additional 6,500 shares in the last quarter. 7.84% of the stock is currently owned by institutional investors.

Vodafone Group Public Company Profile

Vodafone Group Public Limited Company provides telecommunication services in Europe and internationally. It offers mobile connectivity services comprising end-to-end services for mobile voice and data, messaging, device management, BYOx, and telecoms management, as well as professional and consulting services; and fixed line connectivity, such as fixed voice and data, broadband, software-defined networks, managed WAN, LAN, ethernet, and satellite; and financial services, as well as business and merchant services.