The VEON Ltd. (NASDAQ:VEON) is going down by 0.00% in today’s trading session, a fall equivalent to 0.0% of the stock’s price from yesterday’s market close. A news came out on 11/26/19 stating that VEON Ranked in Top 10% of Companies in Dutch Transparency Benchmark by WSJ. The lowest point that the shares touched during the trading session was $2.50, while the peak of the day was recorded at a share price of $2.56. VEON finished the previous session at $2.50 according to the data provided by Barchart, while the trading volume was observed to be $1877996.
In the 100 days of trading, VEON managed to top a 2.56% Moving average. Additionally, VEON Ltd. shares have achieved a 52-week range between 2.07 and 3.28 alongside 100 days raw stochastic set at 27.33%.
The number of shares outstanding, according to the fundamentals of the company, is set at 1.79B, equal to the value of $4.46B in market capitalization. In the last 30 days, VEON Ltd. shares went down by -7.22%, adding 2.70 to growth in value, on top of a +7.51% boost since 11/06/19.
VEON Ltd. (NASDAQ:VEON) Analyst’s Estimates
VEON Ltd. (VEON) could record at least $0.05 per share in quarterly earnings in the upcoming report on 02/14/2020, a number that would actually represent an increase of 0.34 YOY.
According to the average analyst rating, VEON Ltd. would be rated as Buy. Out of 10 different analysts monitoring VEON stock, 8 analysts rate the stock as a BUY, 2 suggest to give the rating of HOLD, 0 indicate that VEON is an OVERWEIGHT, 0 rated the stock as a SELL, and 0 analyst believes that the stock should be rated as UNDERWEIGHT.
On July 11, 2019, the stock earned a Upgrade rating due to a new analyst call from Goldman, while analysts from BofA/Merrill believe that the stock is set at Buy from Neutral, as concluded on July 09, 2019. UBS, is still rather wary about the stock, deciding to keep the rating at Buy as confirmed through a call on June 17, 2019.
HSBC Securities, on the other hand, provided a rather enthusiastic opinion on the rating, concluded in an analyst call on August 20, 2018, giving the stock a Buy from the Hold rating.
VEON Key Ratios To Watch:
Taking in account the profitability of the Company, gross profit margin of +56.53% has been attained, while the operating margin has been recorded at +15.84%. The firm is also showcasing profitability through returns on assets in the company’s ownership, with ROA set at -2.37%. Beta value of the stock is recorded at 1.93. Additionally, VEON Ltd. is recording price volatility of 2.82% for the period of the last seven days and 3.16% in the last 30 days.
VEON Ltd. (NASDAQ:VEON) Technical Outlook
For the period of the last 50 days, VEON Ltd. had its Raw Stochastic average set at 53.57% for the latest technical analysis. In comparison to the period of the last 20 days, the present Raw Stochastic average for the last 50 days poses as improvement, set at 45.83%. Stochastic %K for VEON Ltd., with the last 20 days included, was set at 49.51%, having Stochastic %D topping 59.15%. Based on the previous performance of the company for the mentioned period, there are more than several recorded moving trends. When it comes to the period of the last 12 months, accounting the time for year-to-date, price performance appears to be encouraging for VEON Ltd. stocks with recording 6.84% in metrics.
VEON Ltd. Insider Watch:
Similarly, 40.35% of the company’s float is held by institutions – and there are 151 institutions in total holding shares of this company. The top three institutional holders of VEON stocks are: Prosperity Capital Management Limited with ownership of $115.6 million, which is approximately 48165876 of the company’s shares; Exor Investments (UK) LLP, holding 38734940 shares of the stock with an approximate value of $92.96 million; and Deutsche Bank Aktiengesellschaft, currently with more than 28509907 shares of the company valued at $68.42 million. Positions in VEON Ltd. stocks held by institutional investors has been changing actively in the past six months, a period during which there were 0 insider purchases amounting to 0 shares.