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 4.88M but it saw 5486364 shares traded in last market. With a market cap of 23.00B USD, the company’s current market price of $8.84 came falling about -1.12 while comparing to the previous closing price of $8.94. 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 $8.81 while lowest mark touched by it was $8.945.

Taking a look at 20-day trading activity of Vodafone Group plc ADR (VOD) gives us an average price of $9.13, while its current price level is -14.92% below from 52-week high level whereas it is 10.22% 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 $9.57 while that of 200 days or SMA-200 reads an average of $9.16. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.11% during that period while stretching the period over a month that increases to 1.45%. 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 38.15 which implies that the stock is in neutral territory.

Over the week, VOD’s stock price is moving 1.84% up while it is -6.55% when we observe its performance for the past one month. Year-to-date it is 1.61% up and over the past year, the stock is showing a downside performance of -5.25%.

Currently, Vodafone Group plc ADR’s total number of outstanding shares is 2.71B. Company’s return on investment (ROI) stands at 2.32% and return on equity (ROE) at 4.31%. It has a price to earnings ratio (P/E ratio) of 8.63 while having a 8.68 of forward P/E ratio. Stock’s beta reads 0.72. Stock has a price to book (P/B) ratio of 0.32 while price to sale or P/S ratio amounts to 0.64. Its return on asset (ROA) is 1.80% on average.