VEON Stock Bullish Momentum With A 9.19% Rise On Thursday

(VIANEWS) – The Market ended the session with VEON (VEON.AS) jumping 9.19% to €0.62 on Thursday, after five consecutive sessions in a row of losses. AEX-Index fell 0.27% to €727.61, following the last session’s downward trend on what was a somewhat down trend exchanging session today.

About VEON

VEON Ltd., together with its subsidiaries, provides mobile and fixed-line telecommunications services It offers voice, data, and other telecommunication services through a range of wireless, fixed, and broadband internet services. The company provides 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; wireless internet access; internet-TV services; digital and systems integration services; mobile financial services; and mobile bundles and call completion services. It offers value-added services for corporations, operators, and consumers, as well as sells equipment, infrastructure, and accessories. The company provides its services under the Beeline, Kyicvcstar, Jazz, Djezzy, and banglalink brands in Russia, Pakistan, Algeria, Uzbekistan, Ukraine, Bangladesh, Kazakhstan, Kyrgyzstan, and Georgia. The company was formerly known as VimpelCom Ltd. and changed its name to VEON Ltd. in March 2017. VEON Ltd. was founded in 1992 and is headquartered in Amsterdam, the Netherlands.

Earnings Per Share

As for profitability, VEON has a trailing twelve months EPS of €0.26.

PE Ratio

VEON has a trailing twelve months price to earnings ratio of 2.38. Meaning, the purchaser of the share is investing €2.38 for every euro of annual earnings.

Volume

Today’s last reported volume for VEON is 144554 which is 61.06% above its average volume of 89747.

Volatility

VEON’s last week, last month’s, and last quarter’s current intraday variation average was a negative 5.15%, a negative 1.32%, and a positive 2.82%.

VEON’s highest amplitude of average volatility was 5.15% (last week), 3.35% (last month), and 2.82% (last quarter).

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, VEON’s stock is considered to be overbought (>=80).

More news about VEON (VEON.AS).

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