The resistance zone around 162.24 GBp on the weekly chart shuold rein in spikes to the upside. The timing to get ahead of the start of a correction in shares of Vodafone Group Plc seems very opportune. Investors should consider opening a short trade on the Breakdown of the GBX 155 level and target GBX 142.6.
The company usually posts poor financials for mid or long term investments.
The company has poor fundamentals for a short-term investment strategy.
Analysts have consistently raised their revenue expectations for the company, which provides good prospects for the current and next years in terms of revenue growth.
Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
Within the weekly time frame the stock shows a bullish technical configuration above the support level at 142.56 GBp
Stock prices approach a strong long-term resistance in weekly data at GBp 162.24.
The stock is currently in contact with a medium-term resistance that must be gotten rid of so as to resume the upward trend.
As estimated by analysts, this group is among those businesses with the lowest growth prospects.
The company sustains low margins.
The company is in a hindered financial situation with significant debt and rather low EBITDA levels.
Prospects from analysts covering the stock are not consistent. Such dispersed sales estimates confirm the poor visibility into the group's activity.
The group usually releases earnings worse than estimated.
For the last few months, analysts have been revising downwards their earnings forecast.
For the last 12 months, analysts have been regularly downgrading their EPS expectations. Analysts predict worse results for the company against their predictions a year ago.
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