A number of other brokerages have also issued reports on VEON. Zacks Investment Research lowered shares of VEON from a “hold” rating to a “sell” rating in a research note on Friday, March 1st. ValuEngine lowered shares of VEON from a “buy” rating to a “hold” rating in a research note on Wednesday, January 30th. Finally, VTB Capital lowered shares of VEON from a “buy” rating to a “hold” rating and set a $2.80 price target for the company. in a research note on Wednesday, January 16th. One analyst has rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $3.27.
Shares of NASDAQ:VEON traded up $0.08 during midday trading on Wednesday, reaching $2.36. The company had a trading volume of 9,496,024 shares, compared to its average volume of 11,814,700. The company has a current ratio of 0.70, a quick ratio of 0.67 and a debt-to-equity ratio of 2.36. The firm has a market cap of $4.15 billion, a PE ratio of -10.26 and a beta of 1.79. VEON has a one year low of $2.07 and a one year high of $3.14.
VEON Company Profile
VEON Ltd., through its subsidiaries, provides mobile and fixed-line telecommunications services. It offers voice and data telecommunication services through a range of traditional and broadband mobile and fixed line technologies. The company provides mobile telecommunications services under contract and prepaid plans for corporate and consumer segments; value added services, including short messages, multimedia messages, caller number identification, call waiting, data transmission, mobile Internet, downloadable content, mobile finance, machine-to-machine, and other services; national and international roaming services; and mobile bundles.
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