Vodafone Group Public (NASDAQ:VOD) Shares Gap Down – Should You Sell?

Vodafone Group Public Limited (NASDAQ:VOD)’s stock price gapped down prior to trading on Monday . The stock had previously closed at $9.73, but opened at $9.45. Vodafone Group Public shares last traded at $9.36, with a volume of 2,396,162 shares changing hands.

Wall Street Analyst Weigh In

Several research analysts have commented on VOD shares. StockNews.com lowered shares of Vodafone Group Public from a “buy” rating to a “hold” rating in a report on Monday. DZ Bank upgraded shares of Vodafone Group Public from a “hold” rating to a “buy” rating in a report on Friday, March 7th. Bank of America downgraded Vodafone Group Public from a “buy” rating to a “neutral” rating in a report on Monday. Finally, The Goldman Sachs Group cut Vodafone Group Public from a “buy” rating to a “neutral” rating in a research note on Monday, December 9th. Four research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

Vodafone Group Public Stock Performance

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 business’s 50-day moving average is $8.79 and its 200-day moving average is $9.05. The company has a market capitalization of $22.13 billion, a PE ratio of 8.20, a PEG ratio of 0.66 and a beta of 0.75.

Hedge Funds Weigh In On Vodafone Group Public

Several large investors have recently made changes to their positions in VOD. DRW Securities LLC grew its holdings in shares of Vodafone Group Public by 2.2% during the third quarter. DRW Securities LLC now owns 66,256 shares of the cell phone carrier’s stock valued at $664,000 after buying an additional 1,399 shares during the last quarter. Quadrant Capital Group LLC grew its holdings in Vodafone Group Public by 11.2% during the fourth quarter. Quadrant Capital Group LLC now owns 14,409 shares of the cell phone carrier’s stock valued at $123,000 after purchasing an additional 1,454 shares during the period. Pitcairn Co. boosted its position in shares of Vodafone Group Public by 10.4% in the third quarter. Pitcairn Co. now owns 15,432 shares of the cell phone carrier’s stock worth $155,000 after purchasing an additional 1,458 shares during the period. Cahill Financial Advisors Inc. boosted its stake in shares of Vodafone Group Public by 8.6% in the fourth quarter. Cahill Financial Advisors Inc. now owns 20,395 shares of the cell phone carrier’s stock worth $173,000 after acquiring an additional 1,611 shares during the period. Finally, TD Waterhouse Canada Inc. grew its holdings in Vodafone Group Public by 17.8% during the 4th quarter. TD Waterhouse Canada Inc. now owns 10,819 shares of the cell phone carrier’s stock valued at $92,000 after buying an additional 1,631 shares in the last quarter. 7.84% of the stock is currently owned by hedge funds and other institutional investors.

About Vodafone Group Public

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.