Vodafone Group Plc (NASDAQ:VOD) has tumbled 0.83% during the past week and has dropped 8.2% in the last 4 week period. The company has outperformed the S&P 500 by 0.36% in the past week but underperformed the index by 9.03% in the last 4 weeks.
Vodafone Group Plc (NASDAQ:VOD): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $30.71 and $30.46 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $30.94. The buying momentum continued till the end and the stock did not give up its gains. It closed at $30.91, notching a gain of 1.41% for the day. The total traded volume was 5,941,549 . The stock had closed at $30.48 on the previous day.
The company shares have dropped -17.77% from its 1 Year high price. On Aug 5, 2015, the shares registered one year high at $38.43 and the one year low was seen on Feb 8, 2016. The 50-Day Moving Average price is $32.80 and the 200 Day Moving Average price is recorded at $31.94.
Many analysts have stated their opinion on the company shares. Brokerage firm Macquarie downgrades its rating on Vodafone Group Plc (NASDAQ:VOD). The shares have been rated Neutral. Previously, the analysts had a Outperform rating on the shares. The rating by the firm was issued on June 13, 2016. Currently the company Insiders own 1% of Vodafone Group Plc shares according to the proxy statements. Institutional Investors own 8.83% of Vodafone Group Plc shares.
Vodafone Group Plc (Vodafone) is a mobile communications company which provides services to mobile voice, messaging, data and fixed line. The Companys money transfer service, M-Pesa, enables people in emerging markets, to send and receive money through a mobile phone. The Company also has products such as international money transfer, savings and loans, salary disbursements and access to insurance products in different markets. Vodafone Red offers consumers and businesses a package with mobile data allowances, unlimited calls and texts, plus cloud and back-up services to secure personal data. Vodafone Cloud allows customers to store their personal digital content, such as contacts, photos and videos in the Vodafone network and to access it on the move from any connected device. Vodafone OneNet integrates landlines and mobiles providing a communication solution. Vodafone Secure Device Manager gives customer a way to manage many of their smart devices.