A new trading day began on Friday, with VEON Ltd ADR (NASDAQ: VEON) stock price down -18.59% from the previous day of trading, before settling in for the closing price of $47.00. VEON’s price has ranged from $25.31 to $58.30 over the past 52 weeks.
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During the last 5-year period, the sales drop of Communication Services Sector giant was -14.69%. Meanwhile, its annual earnings per share averaged -14.76%. With a float of $70.62 million, this company’s outstanding shares have now reached $70.62 million.
Let’s determine the extent of company efficiency that accounts for 18027 employees. In terms of profitability, gross margin is 73.87%, operating margin of 25.54%, and the pretax margin is 17.47%.
VEON Ltd ADR (VEON) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Telecom Services Industry. The insider ownership of VEON Ltd ADR is 0.00%, while institutional ownership is 24.30%.
VEON Ltd ADR (VEON) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -14.76% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 14.13% during the next five years compared to -7.96% drop over the previous five years of trading.
VEON Ltd ADR (NASDAQ: VEON) Trading Performance Indicators
Here are VEON Ltd ADR’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.76. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.67. Likewise, its price to free cash flow for the trailing twelve months is 5.17.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.88 and is forecasted to reach 7.06 in one year’s time.
Technical Analysis of VEON Ltd ADR (VEON)
Looking closely at VEON Ltd ADR (NASDAQ: VEON), its last 5-days average volume was 0.42 million, which is a jump from its year-to-date volume of 0.17 million. As of the previous 9 days, the stock’s Stochastic %D was 18.75%. Additionally, its Average True Range was 3.45.
During the past 100 days, VEON Ltd ADR’s (VEON) raw stochastic average was set at 15.64%, which indicates a significant decrease from 17.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 94.51% in the past 14 days, which was higher than the 61.87% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $46.98, while its 200-day Moving Average is $39.56. However, in the short run, VEON Ltd ADR’s stock first resistance to watch stands at $41.33. Second resistance stands at $44.39. The third major resistance level sits at $47.78. If the price goes on to break the first support level at $34.88, it is likely to go to the next support level at $31.49. Should the price break the second support level, the third support level stands at $28.43.
VEON Ltd ADR (NASDAQ: VEON) Key Stats
With a market capitalization of 2.70 billion, the company has a total of 73,968K Shares Outstanding. Currently, annual sales are 4,004 M while annual income is 415,000 K. The company’s previous quarter sales were 1,026 M while its latest quarter income was 99,000 K.
