Vodafone Group Public (NASDAQ:VOD – Get Free Report) was downgraded by stock analysts at StockNews.com from a “buy” rating to a “hold” rating in a report released on Monday.
Vodafone Group Public Price Performance
NASDAQ:VOD traded down $0.03 during trading hours on Monday, hitting $9.33. 3,420,500 shares of the company were exchanged, compared to its average volume of 7,596,317. Vodafone Group Public has a one year low of $8.02 and a one year high of $10.19. The company has a fifty day simple moving average of $8.77 and a 200 day simple moving average of $8.77. The company has a quick ratio of 1.29, a current ratio of 1.31 and a debt-to-equity ratio of 0.79.
Institutional Investors Weigh In On Vodafone Group Public
Several large investors have recently modified their holdings of VOD. NBC Securities Inc. acquired a new stake in Vodafone Group Public during the 3rd quarter worth about $40,000. Anchor Investment Management LLC acquired a new stake in Vodafone Group Public during the fourth quarter worth approximately $44,000. Allspring Global Investments Holdings LLC acquired a new position in Vodafone Group Public in the first quarter valued at approximately $46,000. First Horizon Advisors Inc. boosted its holdings in shares of Vodafone Group Public by 581.7% during the 4th quarter. First Horizon Advisors Inc. now owns 5,351 shares of the cell phone carrier’s stock worth $47,000 after buying an additional 4,566 shares in the last quarter. Finally, WFA Asset Management Corp grew its position in shares of Vodafone Group Public by 146.7% during the 4th quarter. WFA Asset Management Corp now owns 5,466 shares of the cell phone carrier’s stock worth $48,000 after buying an additional 3,250 shares during the period. 7.84% of the stock is currently owned by institutional investors and hedge funds.
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.