For the readers interested in the stock health of VEON Ltd. (VEON). It is currently valued at $1.77. When the transactions were called off in the previous session, Stock hit the highs of $1.745, after setting-off with the price of $1.69. Company’s stock value dipped to $1.68 during the trading on the day. When the trading was stopped its value was $1.74.
Recently in News on March 22, 2021, VEON completes the acquisition of minority shareholding in Pakistan Mobile Communications Limited (PMCL). Transaction gives VEON full ownership of Jazz. You can read further details here
VEON Ltd. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $1.9000 on 01/14/21, with the lowest value was $1.5200 for the same time period, recorded on 01/04/21.
VEON Ltd. (VEON) full year performance was 4.82%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, VEON Ltd. shares are logging -6.58% during the 52-week period from high price, and 47.92% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $1.20 and $1.90.
The company’s shares, operating in the sector of Communication Services managed to top a trading volume set approximately around 1230877 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the VEON Ltd. (VEON) recorded performance in the market was 15.23%, having the revenues showcasing -0.57% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 3.03B, as it employees total of 43639 workers.
VEON Ltd. (VEON) in the eye of market guru’s
During the last month, 4 analysts gave the VEON Ltd. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 5 analysts were recommending to HOLD this stock, 1 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 1.6895, with a change in the price was noted +0.3100. In a similar fashion, VEON Ltd. posted a movement of +21.09% for the period of last 100 days, recording 3,925,028 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for VEON is recording 61.69 at the time of this writing. In addition, long term Debt to Equity ratio is set at 54.18.
VEON Ltd. (VEON): Stocks Technical analysis and Trends
Raw Stochastic average of VEON Ltd. in the period of last 50 days is set at 59.26%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 71.43%. In the last 20 days, the company’s Stochastic %K was 49.60% and its Stochastic %D was recorded 39.88%.
If we look into the earlier routines of VEON Ltd., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 15.23%. Additionally, trading for the stock in the period of the last six months notably improved by 24.29%, alongside a boost of 4.82% for the period of the last 12 months. The shares increased approximately by -1.69% in the 7-day charts and went up by -6.45% in the period of the last 30 days. Common stock shares were lifted by -0.57% during last recorded quarter.