Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
VEON Ltd ADR (NASDAQ: VEON) closed the day trading at $38.26 down -18.59% from the previous closing price of $47.00. In other words, the price has decreased by -$18.59 from its previous closing price. On the day, 1.48 million shares were traded.
Ratios:
For a better understanding of VEON, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.32 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.17. For the most recent quarter (mrq), Quick Ratio is recorded 0.76 and its Current Ratio is at 0.78. In the meantime, Its Debt-to-Equity ratio is 4.27 whereas as Long-Term Debt/Eq ratio is at 2.76.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, The Benchmark Company on November 12, 2024, initiated with a Buy rating and assigned the stock a target price of $48.
BofA Securities Upgraded its Underperform to Buy on August 26, 2021, while the target price for the stock was maintained at $2.70.
Valuation Measures:
As of this moment, VEON’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.51, and their Forward P/E ratio for the next fiscal year is 5.42. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.46. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.67 while its Price-to-Book (P/B) ratio in mrq is 2.46.
Stock Price History:
Over the past 52 weeks, VEON has reached a high of $58.30, while it has fallen to a 52-week low of $25.31. The 50-Day Moving Average of the stock is -18.54%, while the 200-Day Moving Average is calculated to be -3.27%.
Shares Statistics:
A total of 70.62M shares are outstanding, with a floating share count of 70.62M. Insiders hold about 0.00% of the company’s shares, while institutions hold 24.30% stake in the company.
