VEON (NASDAQ:VEON – Get Free Report) was upgraded by StockNews.com from a “buy” rating to a “strong-buy” rating in a research note issued on Monday.
VEON Price Performance
NASDAQ:VEON traded down $0.83 on Monday, reaching $27.18. 40,550 shares of the company’s stock traded hands, compared to its average volume of 32,060. The stock has a 50-day simple moving average of $26.34 and a 200-day simple moving average of $24.56. VEON has a 12 month low of $14.50 and a 12 month high of $28.03.
VEON (NASDAQ:VEON – Get Free Report) last released its quarterly earnings results on Wednesday, June 26th. The Wireless communications provider reported $0.75 EPS for the quarter. The company had revenue of $942.00 million during the quarter.
Institutional Investors Weigh In On VEON
About VEON
VEON Ltd., a digital operator, provides connectivity and internet services in Pakistan, Ukraine, Kazakhstan, Bangladesh, Uzbekistan, and Kyrgyzstan. It offers mobile telecommunications services, including value added and call completion, national and international roaming, wireless Internet access, mobile financial, and mobile bundle services; data connectivity, cross border transit, voice, Internet, and data services; fixed-line telecommunications using intercity fiber optic networks; and Internet-TV using Fiber to the building technology.
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