VEON Ltd ADR [NASDAQ: VEON] slipped around -0.58 points on Wednesday, while shares priced at $44.60 at the close of the session, down -1.28%.
Compared to the average trading volume of 59.71K shares, VEON reached a trading volume of 275596 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about VEON Ltd ADR [VEON]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for VEON shares is $56.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on VEON stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
The Benchmark Company have made an estimate for VEON Ltd ADR shares, keeping their opinion on the stock as Buy, with their previous recommendation back on November 12, 2024. While these analysts kept the previous recommendation, New Street raised their target price to Buy. The new note on the price target was released on October 11, 2023, representing the official price target for VEON Ltd ADR stock. Previously, the target price had yet another raise to $2.70, while BofA Securities analysts kept a Buy rating on VEON stock.
The Average True Range (ATR) for VEON Ltd ADR is set at 1.80, with the Price to Sales ratio for VEON stock in the period of the last 12 months amounting to 0.80. The Price to Book ratio for the last quarter was 2.95, with the Price to Cash per share for the same quarter was set at 22.97. Price to Free Cash Flow for VEON in the course of the last twelve months was 4.00 with Quick ratio for the last quarter at 0.78.
How has VEON stock performed recently?
VEON Ltd ADR [VEON] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 11.22. With this latest performance, VEON shares gained by 28.38% in over the last four-week period, additionally plugging by 70.36% over the last 6 months – not to mention a rise of 136.10% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for VEON stock in for the last two-week period is set at 75.22, with the RSI for the last a single of trading hit 76.41, and the three-weeks RSI is set at 73.41 for VEON Ltd ADR [VEON]. The present Moving Average for the last 50 days of trading for this stock 35.31, while it was recorded at 44.53 for the last single week of trading, and 28.90 for the last 200 days.
VEON Ltd ADR [VEON]: Deeper insight into the fundamentals
VEON Ltd ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.78 and a Current Ratio set at 0.79.
Earnings analysis for VEON Ltd ADR [VEON]
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for VEON. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for VEON Ltd ADR go to 23.50%.
