Vodafone Group Plc (VOD) : Traders are bullish on Vodafone Group Plc (VOD) as it has outperformed the S&P 500 by a wide margin of 1.32% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.28%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.71% in the last 1 week, and is up 3.84% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
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 $30.95 and $30.89 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $31.18. The buying momentum continued till the end and the stock did not give up its gains. It closed at $31.12, notching a gain of 0.23% for the day. The total traded volume was 3,295,036 . The stock had closed at $31.05 on the previous day.
The stock has recorded a 20-day Moving Average of 1.32% and the 50-Day Moving Average is 0.12%. Vodafone Group Plc has dropped 0.16% during the last 3-month period . Year-to-Date the stock performance stands at -0.22%.
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.