Vodafone Group Plc (VOD) has risen sharply, recording gains of 0.16% in the past 4 weeks. However, the stock has corrected -1.4% in the past 1 week, providing a good buying opportunity on dips. Vodafone Group Plc (VOD) : During the past 4 weeks, traders have been relatively bearish on Vodafone Group Plc (VOD), hence the stock is down -3.09% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.34% relative to the S&P 500.
The stock has recorded a 20-day Moving Average of 1.15% and the 50-Day Moving Average is 1.34%. Vodafone Group Plc has dropped 2.38% during the last 3-month period . Year-to-Date the stock performance stands at -0.93%.
Vodafone Group Plc (NASDAQ:VOD): stock turned positive on Friday. Though the stock opened at $30.67, the bulls momentum made the stock top out at $31.0397 level for the day. The stock recorded a low of $30.53 and closed the trading day at $30.9, in the green by 0.36%. The total traded volume for the day was 2,658,415. The stock had closed at $30.79 in the previous days trading.
Also, Major Brokerage house, Citigroup downgrades its ratings on Vodafone Group Plc (NASDAQ:VOD). According to the latest information available, the shares are now rated Neutral by the analysts at the agency. Previously, the analysts had a Buy rating on the shares. 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.