VEON Ltd ADR (NASDAQ: VEON) is -0.12% lower on its value in year-to-date trading and has touched a low of $25.31 and a high of $58.30 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The VEON stock was last observed hovering at around $40.02 in the last trading session, with the day’s gains setting it 0.03%.
Currently trading at $40.05, the stock is -17.98% and -14.77% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.19 million and changing 0.07% at the moment leaves the stock 0.74% off its SMA200. VEON registered 53.15% gain for a year compared to 6-month gain of 9.82%.
The stock witnessed a -28.99% loss in the last 1 month and extending the period to 3 months gives it a -12.82%, and is -10.68% down 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 11.23% over the week and 5.44% over the month.
VEON Ltd ADR (VEON) has around 18027 employees, a market worth around $2.83B and $4.00B in sales. Current P/E ratio is 6.82 and Fwd P/E is 5.91. Profit margin for the company is 10.36%. Distance from 52-week low is 58.24% and -31.30% from its 52-week high. The company has generated returns on investments over the last 12 months (10.06%).
The EPS is expected to shrink by -16.41% this year
The shares outstanding are 70.62M, and float is at 70.62M with Short Float at 0.21%.
The top institutional shareholder in the company is EXOR CAPITAL LLP with over 5.39 million shares valued at $139.75 million. The investor’s holdings represent 0.3169 of the VEON Shares outstanding. As of 2024-06-30, the second largest holder is SHAH CAPITAL MANAGEMENT with 4.95 million shares valued at $128.4 million to account for 0.2912 of the shares outstanding. The other top investors are HELIKON INVESTMENTS LTD which holds 2.74 million shares representing 0.1611 and valued at over $71.06 million, while SOLUS ALTERNATIVE ASSET MANAGEMENT LP holds 0.0478 of the shares totaling 0.81 million with a market value of $21.06 million.
