Large Inflow of Money Witnessed in Vodafone Group Plc

Vodafone Group Plc (VOD) : Vodafone Group Plc (VOD) had a healthy money flow of $3.28 million into the stock during the Thursdays trading session. The value of bullish trades on upticks was $18.63 million, whereas, investors only sold shares worth $15.35 million on downticks. The stock closed the day with an up-down ratio of 1.21.The money flow in the block trades to the tune of $3.75 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $3.75 million worth of transactions were on upticks. Vodafone Group Plc (VOD) stock slid $0.16 intraday and traded at 29.61, a change of -0.54% over previous days close. However, for the week, the company shares are -4.02% compared to previous weeks close.


The stock has recorded a 20-day Moving Average of 4.06% and the 50-Day Moving Average is 6.47%.

Vodafone Group Plc (NASDAQ:VOD): The stock opened at $30.01 on Thursday but the bulls could not build on the opening and the stock topped out at $30.03 for the day. The stock traded down to $29.48 during the day, due to lack of any buying support eventually closed down at $29.61 with a loss of -0.54% for the day. The stock had closed at $29.77 on the previous day. The total traded volume was 3,904,129 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.

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