Vodafone Group Public (NASDAQ:VOD) Shares Gap Down – What’s Next?

Vodafone Group Public Limited (NASDAQ:VOD) gapped down before the market opened on Tuesday . The stock had previously closed at $9.32, but opened at $8.76. Vodafone Group Public shares last traded at $8.66, with a volume of 2,872,023 shares.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the stock. UBS Group lowered shares of Vodafone Group Public from a “buy” rating to a “neutral” rating in a report on Monday, August 5th. StockNews.com upgraded Vodafone Group Public from a “hold” rating to a “buy” rating in a report on Friday, August 30th. One analyst has rated the stock with a sell rating, one has assigned a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.

Vodafone Group Public Stock Up 3.3 %

The business has a 50-day moving average of $9.73 and a 200-day moving average of $9.39. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.31 and a quick ratio of 1.29.

Institutional Trading of Vodafone Group Public

Several institutional investors and hedge funds have recently bought and sold shares of VOD. Vicus Capital increased its holdings in shares of Vodafone Group Public by 10.0% in the second quarter. Vicus Capital now owns 12,629 shares of the cell phone carrier’s stock valued at $112,000 after purchasing an additional 1,144 shares during the period. Cohen Investment Advisors LLC grew its stake in shares of Vodafone Group Public by 4.4% during the 2nd quarter. Cohen Investment Advisors LLC now owns 27,092 shares of the cell phone carrier’s stock worth $257,000 after purchasing an additional 1,148 shares during the period. Apollon Wealth Management LLC increased its holdings in Vodafone Group Public by 7.6% in the third quarter. Apollon Wealth Management LLC now owns 17,072 shares of the cell phone carrier’s stock valued at $171,000 after buying an additional 1,204 shares in the last quarter. Profund Advisors LLC raised its holdings in Vodafone Group Public by 3.0% during the second quarter. Profund Advisors LLC now owns 46,497 shares of the cell phone carrier’s stock worth $412,000 after purchasing an additional 1,350 shares during the last quarter. Finally, Pacific Center for Financial Services raised its stake in shares of Vodafone Group Public by 17.4% during the 1st quarter. Pacific Center for Financial Services now owns 9,199 shares of the cell phone carrier’s stock worth $82,000 after buying an additional 1,361 shares during the last quarter. Hedge funds and other institutional investors own 7.84% of the company’s stock.

About Vodafone Group Public

Vodafone Group Public Limited Company provides telecommunication services in Europe and internationally. It offers mobile connectivity services comprising end-to-end services for mobile voice and data, messaging, device management, BYOx, and telecoms management, as well as professional and consulting services; and fixed line connectivity, such as fixed voice and data, broadband, software-defined networks, managed WAN, LAN, ethernet, and satellite; and financial services, as well as business and merchant services.