Should Investors Trust The Upside Potential In Vodafone Group plc ADR (VOD)?

Vodafone Group plc ADR (NASDAQ:VOD) currently has a daily average trading volume of 4.63M but it saw 5080215 shares traded in last market. With a market cap of 25.34B USD, the company’s current market price of $9.69 came falling about -0.51 while comparing to the previous closing price of $9.74. In past 52 weeks, the stock remained buoying in the range of price level as high as $10.39 and as low as $8.02. In the recent trading on the day, stock has struck highest price mark of $9.56 while lowest mark touched by it was $9.715.

Taking a look at 20-day trading activity of Vodafone Group plc ADR (VOD) gives us an average price of $10.03, while its current price level is -6.74% below from 52-week high level whereas it is 20.82% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $9.73 while that of 200 days or SMA-200 reads an average of $9.05. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.10% during that period while stretching the period over a month that increases to 1.19%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 40.97 which implies that the stock is in neutral territory.

Over the week, VOD’s stock price is moving -3.49% down while it is -2.91% when we observe its performance for the past one month. Year-to-date it is 11.38% up and over the past year, the stock is showing an upside performance of 4.76%.

Currently, Vodafone Group plc ADR’s total number of outstanding shares is 2.71B. Company’s return on investment (ROI) stands at 1.05% and return on equity (ROE) at 1.94%. It has a price to earnings ratio (P/E ratio) of 21.37 while having a 8.78 of forward P/E ratio. Stock’s beta reads 0.72. Stock has a price to book (P/B) ratio of 0.41 while price to sale or P/S ratio amounts to 0.64. Its return on asset (ROA) is 0.80% on average.