VOD Stock Summary and Trading Ideas (Vodafone Group PLC - American Depositary Shares Each Representing Ten | NASDAQ:VOD)

Vodafone operates mobile and fixed-line networks and businesses in more than 20 countries. Its largest market is Germany, where it is the second mobile operator after Deutsche Telekom and owns a cable network after acquiring Kabel Deutschland in 2013 and Liberty Global Germany in 2019. In the UK it acts mainly as a mobile operator, being the second largest player after BT Group. In 2024 Vodafone divested its Spanish and Italian divisions, given their low returns on invested capital.

Vodafone Group PLC - American Depositary Shares Each Representing Ten trades on the NASDAQ stock market under the symbol VOD.

As of April 24, 2024, VOD stock price declined to $8.66 with 3,445,250 million shares trading.

VOD has a beta of 0.40, meaning it tends to be less sensitive to market movements. VOD has a correlation of 0.03 to the broad based SPY ETF.

VOD has a market cap of $23.45 billion. This is considered a Large Cap stock.

In the last 3 years, VOD stock traded as high as $20.36 and as low as $8.02.

The top ETF exchange traded funds that VOD belongs to (by Net Assets): TDIV, ICOW, GCOW, AVDE, DFIV.

VOD has underperformed the market in the last year with a return of -14.1%, while the SPY ETF gained +24.2%. In the last 3 month period, VOD fell short of the market, returning -2.5%, while SPY returned +4.6%. However, in the most recent 2 weeks VOD has outperformed the stock market by returning +0.3%, while SPY returned -2.7%.

VOD support price is $8.56 and resistance is $8.82 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that VOD stock will trade within this expected range on the day.