VEON Ltd ADR (NASDAQ: VEON)’s stock price has dropped by -1.28 in relation to previous closing price of 45.18. Nevertheless, the company has seen a gain of 11.22% in its stock price over the last five trading days. globenewswire.com reported 2025-01-09 that Dubai, 9 January 2025: VEON Ltd. (Nasdaq: VEON), a global digital operator (“VEON” or the “Group”), today announces the appointment of Burak Ozer as Group Chief Financial Officer (Group CFO), effective 9 January 2025. Burak will succeed Joop Brakenhoff, who will continue to serve VEON as an Advisor to the Group CEO.
Is It Worth Investing in VEON Ltd ADR (NASDAQ: VEON) Right Now?
The 36-month beta value for VEON is at 1.53. Analysts have varying views on the stock, with 2 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for VEON is 70.63M, and currently, shorts hold a 0.08% of that float. The average trading volume for VEON on January 09, 2025 was 59.71K shares.
VEON’s Market Performance
The stock of VEON Ltd ADR (VEON) has seen a 11.22% increase in the past week, with a 28.38% rise in the past month, and a 42.49% gain in the past quarter. The volatility ratio for the week is 5.56%, and the volatility levels for the past 30 days are at 4.72% for VEON. The simple moving average for the past 20 days is 13.83% for VEON’s stock, with a 54.33% simple moving average for the past 200 days.
Analysts’ Opinion of VEON
Many brokerage firms have already submitted their reports for VEON stocks, with The Benchmark Company repeating the rating for VEON by listing it as a “Buy.” The predicted price for VEON in the upcoming period, according to The Benchmark Company is $48 based on the research report published on November 12, 2024 of the previous year 2024.
BofA Securities gave a rating of “Buy” to VEON, setting the target price at $2.70 in the report published on August 26th of the previous year.
VEON Trading at 26.31% from the 50-Day Moving Average
After a stumble in the market that brought VEON to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -4.07% of loss for the given period.
Volatility was left at 4.72%, however, over the last 30 days, the volatility rate increased by 5.56%, as shares surge +26.94% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +42.49% upper at present.
During the last 5 trading sessions, VEON rose by +11.22%, which changed the moving average for the period of 200-days by +89.38% in comparison to the 20-day moving average, which settled at $39.18. In addition, VEON Ltd ADR saw 11.22% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for VEON
Current profitability levels for the company are sitting at:
- 0.24 for the present operating margin
- 0.77 for the gross margin
The net margin for VEON Ltd ADR stands at 0.1. The total capital return value is set at 0.22. Equity return is now at value 38.09, with 4.05 for asset returns.
Based on VEON Ltd ADR (VEON), the company’s capital structure generated 0.76 points at debt to capital in total, while cash flow to debt ratio is standing at 0.23. The debt to equity ratio resting at 3.11. The interest coverage ratio of the stock is 2.77.
Currently, EBITDA for the company is 1.82 billion with net debt to EBITDA at 1.75. When we switch over and look at the enterprise to sales, we see a ratio of 1.63. The receivables turnover for the company is 7.64for trailing twelve months and the total asset turnover is 0.53. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.79.
Conclusion
In conclusion, VEON Ltd ADR (VEON) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
