Vodafone Group Plc (VOD) Shares are Up 0.32%

Vodafone Group Plc (VOD) has been under a strong bear grip, hence the stock is down -0.48% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.35% in the past 1 week. The stock has risen by 0.32% in the past week indicating that the buyers are active at lower levels, but the stock is down -0.1% in the past 4 weeks.

Vodafone Group Plc has dropped 3.82% during the last 3-month period . Year-to-Date the stock performance stands at 0.39%. The stock has recorded a 20-day Moving Average of 0.68% and the 50-Day Moving Average is 1.66%.


Vodafone Group Plc (NASDAQ:VOD): The stock opened at $31.26 on Friday but the bulls could not build on the opening and the stock topped out at $31.37 for the day. The stock traded down to $31.08 during the day, due to lack of any buying support eventually closed down at $31.31 with a loss of -1.17% for the day. The stock had closed at $31.68 on the previous day. The total traded volume was 3,386,252 shares.

Also, In the latest statement by the brokerage house, Citigroup downgrades its outlook on Vodafone Group Plc (NASDAQ:VOD). The current rating of the shares is Neutral, according to the research report released by the firm. Previously, the company had a rating of Buy. The rating by the firm was issued on July 12, 2016.

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.

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