VEON Ltd ADR [VEON] stock is trading at $45.25, down -0.96%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The VEON shares have gain 7.30% over the last week, with a monthly amount drifted -1.72%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
VEON Ltd ADR [NASDAQ: VEON] stock has seen the most recent analyst activity on November 12, 2024, when The Benchmark Company initiated its Buy rating and assigned the stock a price target of $48. On August 26, 2021, upgrade upgraded it’s rating to Buy but maintained its price target of $2.70 on the stock. BofA Securities downgraded its rating to a Underperform. HSBC Securities downgraded its rating to a Hold. In a note dated October 06, 2020, Morgan Stanley initiated an Overweight rating.
VEON Ltd ADR [VEON] stock has fluctuated between $21.96 and $48.39 over the past year. VEON Ltd ADR [NASDAQ: VEON] shares were valued at $45.25 at the most recent close of the market.
Analyzing the VEON fundamentals
VEON Ltd ADR [NASDAQ:VEON] reported sales of 3.96B for the trailing twelve months, which represents a growth of 9.74%. Gross Profit Margin for this corporation currently stands at 0.77% with Operating Profit Margin at 0.24%, Pretax Profit Margin comes in at 0.18%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.41 and Total Capital is 0.22. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 4.05.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 43.92 points at the first support level, and at 42.59 for the second support level. However, for the 1st resistance point, the stock is sitting at 47.04, and for the 2nd resistance point, it is at 48.83.
Ratios To Look Out For
For context, VEON Ltd ADR’s Current Ratio is 0.79. Also, the Quick Ratio is 0.78, while the Cash Ratio stands at 0.33. Considering the valuation of this stock, the price to sales ratio is 0.81, the price to book ratio is 2.99.
