VimpelCom Ltd. (VIP) has risen sharply, recording gains of 8.89% in the past 4 weeks. However, the stock has corrected -0.9% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 7.78% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
The stock has recorded a 20-day Moving Average of 5.77% and the 50-Day Moving Average is 11.26%. VimpelCom Ltd. (NASDAQ:VIP): On Fridays trading session , Opening price of the stock was $4.45 with an intraday high of $4.51. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $4.41. However, the stock managed to close at $4.41, a loss of 1.56% for the day. On the previous day, the stock had closed at $4.48. The total traded volume of the day was 587,576 shares.
Institutional Investors own 4.38% of VimpelCom Ltd. shares.
VimpelCom Ltd. (VimpelCom) is a Netherlands-based holding company. VimpelCom is a global provider of telecommunications services in 14 countries. The Company operates through six segments: Russia, Italy, Algeria, Africa & Asia, Ukraine, and the Commonwealth of Independent States (CIS). The company provides voice and data services through a range of traditional and broadband mobile and fixed-line technologies. The VimpelCom Group operates in Italy and emerging markets, which include companies operating in Russia, Ukraine, Kazakhstan, Uzbekistan, Tajikistan, Armenia, Georgia, Kyrgyzstan, Laos, Algeria, Bangladesh, and Pakistan. The operations of these companies cover a territory with a total population of approximately 740 million as of December 31, 2014. The Company provides services under the Beeline, Kyivstar, banglalink, Mobilink, Djezzy, WIND and Infostrada brands. As of December 31, 2014, the Company had 222 million mobile customers.