Vodafone Group Public (NASDAQ:VOD) Sets New 52-Week High at $10.31

Shares of Vodafone Group Public Limited (NASDAQ:VOD) hit a new 52-week high on Monday . The stock traded as high as $10.31 and last traded at $10.31, with a volume of 2255691 shares trading hands. The stock had previously closed at $10.17.

Wall Street Analyst Weigh In

Several research firms have issued reports on VOD. UBS Group cut shares of Vodafone Group Public from a “buy” rating to a “neutral” rating in a research note on Monday, August 5th. New Street Research upgraded Vodafone Group Public to a “strong-buy” rating in a report on Monday, July 8th. Deutsche Bank Aktiengesellschaft initiated coverage on Vodafone Group Public in a research report on Thursday, June 20th. They set a “buy” rating on the stock. Finally, StockNews.com raised shares of Vodafone Group Public from a “hold” rating to a “buy” rating in a research note on Friday, August 30th. One analyst has rated the stock with a sell rating, one has issued a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $14.45.

Vodafone Group Public Stock Up 1.7 %

The stock has a 50-day simple moving average of $9.48 and a 200-day simple moving average of $9.10. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.29 and a current ratio of 1.31.

Institutional Investors Weigh In On Vodafone Group Public

Institutional investors have recently bought and sold shares of the business. GAMMA Investing LLC raised its holdings in shares of Vodafone Group Public by 116.7% during the 2nd quarter. GAMMA Investing LLC now owns 3,903 shares of the cell phone carrier’s stock valued at $35,000 after buying an additional 2,102 shares during the period. Asset Dedication LLC grew its holdings in Vodafone Group Public by 630.9% during the 2nd quarter. Asset Dedication LLC now owns 4,634 shares of the cell phone carrier’s stock valued at $41,000 after purchasing an additional 4,000 shares in the last quarter. Allspring Global Investments Holdings LLC purchased a new stake in Vodafone Group Public during the 1st quarter worth $46,000. Hexagon Capital Partners LLC lifted its holdings in Vodafone Group Public by 230.9% in the 1st quarter. Hexagon Capital Partners LLC now owns 5,410 shares of the cell phone carrier’s stock worth $48,000 after buying an additional 3,775 shares in the last quarter. Finally, Rothschild Investment LLC acquired a new stake in shares of Vodafone Group Public during the second quarter valued at about $49,000. 7.84% of the stock is currently owned by hedge funds and other 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.