Vodafone Group plc ADR (NASDAQ:VOD) shares, rose in value on Thursday, April 04, with the stock price down by -2.37% to the previous day’s close as strong demand from buyers drove the stock to $8.88.
Actively observing the price movement in the recent trading, the stock is buoying the session at $9.09. The value of beta (5-year monthly) is 0.48 whereas the PE ratio is 2.25 over 12-month period. Referring to stock’s 52-week performance, its high was $12.07, and the low was $8.02. On the whole, VOD has fluctuated by -1.83% over the past month.
The company’s Forward Dividend Ratio is 0.99, with its dividend yield at 11.11%.
Revisions could be a useful indicator to get insight on short-term price movement; so for the company, there were no upward and no downward review(s) in last seven days. We see that VOD’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium term indicators have put the stock in the category of 50% Sell while long term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0.11, with the price of VOD currently trading nearly 0.95% and 2.22% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 53.00, while the 7-day volatility ratio is showing 1.97% which for the 30-day chart, stands at 2.18%. Furthermore, Vodafone Group plc ADR (VOD)’s beta value is 0.70, and its average true range (ATR) is 0.22.
A comparison of Vodafone Group plc ADR (VOD) with its peers suggests the former has fared considerably weaker in the market. VOD showed an intraday change of -2.37% in today’s session so far, and over the past year, it shrunk by -20.19%%.
Data on historical trading for Vodafone Group plc ADR (NASDAQ:VOD) indicates that the trading volumes over the past 10 days have averaged 6.81 million and over the past 3 months, they’ve averaged 8.69 million. According to company’s latest data on outstanding shares, there are 2.71 billion shares outstanding.
Nearly 0.05% of Vodafone Group plc ADR’s shares belong to company insiders and institutional investors own 7.85% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 11.64 million shares as on Mar 15, 2024, resulting in a short ratio of 1.54. According to the data, the short interest in Vodafone Group plc ADR (VOD) stood at 0.43% of shares outstanding as of Mar 15, 2024; the number of short shares registered in Feb 15, 2024 reached 13.23 million. The stock has risen by 2.01% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the VOD stock heading into the next quarter.
