VEON Ltd. (NASDAQ: VEON) is -29.25% lower on its value in year-to-date trading and has touched a low of $1.25 and a high of $3.28 in the current 52-week trading range. The VEON stock was last observed hovering at around $1.79 in the recent trading session, with the current loss setting it 0.0%.
Even if you’re not actively in crypto, you deserve to know what’s actually going on...
Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.
Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free.
At last check, trading at $1.79, the stock is 2.51% and 10.67% above its SMA20 and SMA50 respectively. However, with a current trading volume of 0.5 million and changing 0.28% at the moment leaves the stock -14.58% off its SMA200. VEON registered -36.75% loss for a year compared to 6-month loss of -29.80%. The firm has a 50-day simple moving average (SMA 50) of $1.6591 and a 200-day simple moving average (SMA200) of $1.9386.
The stock witnessed a 11.87% gain in the last 1 month and extending the period to 3 months gives it a 19.33%, and is 1.70% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.14% over the week and 4.07% over the month.
VEON Ltd. (VEON) has around 46492 employees, a market worth around $3.06B and $8.84B in sales. Current P/E ratio is 13.36 and Fwd P/E is 5.89. Profit margin for the company is 2.70%. Distance from 52-week low is 43.60% and -45.19% from its 52-week high. The company has generated returns on investments over the last 12 months (13.10%).
VEON Ltd. (VEON) Analyst Forecasts
VEON Ltd. quarterly earnings per share for the current quarter are estimated at $0.01 with sales reaching $1.85B over the same period.The EPS is expected to grow by 256.40% this year, but quarterly earnings will post -8.40% year-over-year. Quarterly sales are estimated to shrink -18.10% in year-over-year returns.
VEON Ltd. (VEON) Top Institutional Holders
189 institutions hold shares in VEON Ltd. (VEON), with 982.54M shares held by insiders accounting for 56.17% while institutional investors hold 57.99% of the company’s shares. The shares outstanding are 1.75B, and float is at 751.16M with Short Float at 0.57%. Institutions hold 25.42% of the Float.
The top institutional shareholder in the company is TT International Asset Management LTD with over 67.22 million shares valued at $101.51 million. The investor’s holdings represent 3.84% of the VEON Shares outstanding. As of Mar 30, 2020, the second largest holder is Prosperity Capital Management Limited with 51.77 million shares valued at $78.17 million to account for 2.96% of the shares outstanding. The other top investors are Morgan Stanley which holds 41.06 million shares representing 2.35% and valued at over $61.99 million, while Exor Investments (UK) LLP holds 2.14% of the shares totaling 37.46 million with a market value of $56.57 million.
VEON Ltd. (VEON): Who are the competitors?
The company’s main competitors (and peers) include Vodafone Group Plc (VOD) that is trading -2.67% down over the past 12 months. TELUS Corporation (TU) is -10.50% down on the 1-year trading charts. Short interest in the company’s stock has fallen -19.65% from the last report on May 14, 2020 to stand at a total of 4.14 million short shares sold with a short interest ratio of 0.6.