Vodafone Group Plc (NASDAQ:VOD).
On June 1, 2017 the stock rating was changed to a “Reduce” in a report from Standpoint Research which was a cut from the previous “” rating. Equity analyst Argus Research started covering the stock setting a rating of “Hold”.
On July 12 the company was rated “Neutral” by Citigroup a cut from the previous “” rating. On June 13 the company was set at “Neutral” according to a Macquarie report which is down from the previous “Outperform” rating.
On April 20, 2016 the stock rating was set at “Buy” according to a Bank of America report up from the previous “Neutral” rating.
The company is now down by -0.77% since yesterday’s close of $28.68. Additionally the company announced a dividend for shareholders to be paid on Friday the 4th of August 2017. The dividend payment will be $0.408 per share for the quarter which comes to $1.63 on an annualized basis. This dividend amount will represent a yeild of $5.73. The ex-dividend date is Wednesday the 7th of June 2017.
The stock is trading at $28.46 which is marginally over the 50 day moving average of $28.14 and which is just over the 200 day moving average of $26.12. The 50 day moving average moved up $0.32 and the 200 day average went up $2.34 or +8.96%.
Vodafone Group Plc (Vodafone), launched on July 17, 1984, is a telecommunications company. The Business’s business is organized into two geographic regions: Europe, and Africa, Middle East and Asia Pacific (AMAP). Its segments include Europe and AMAP. Its Europe segment includes geographic regions, such as Germany, Italy, the United Kingdom, Spain and Other Europe. The Other Europe includes the Netherlands, Portugal, Greece, Hungary and Romania, among others. Its AMAP segment includes India, South Africa, Tanzania, Mozambique, Lesotho, Africa, Turkey, Australia, Egypt, Ghana, Kenya, New Zealand and Qatar, among others. The Company provides a range of services, including voice, messaging and data across mobile and fixed networks..
Investors are a little more bearish on Vodafone Group Plc recently if you consider the increase in short interest. The firm had a rise in short interest between May 15, 2017 and April 28, 2017 of 0.03%. Short interest grew from 12,273,916 to 12,277,957 over that period. Days to cover decreased from 3.7 to 3.3 and the percentage of shorted shares is 0.00% as of April 28.