VEON Stock Jumps By 28% In The Last 21 Sessions

(VIANEWS) – Shares of VEON (AEX-Index: VEON.AS) rose by a staggering 28.07% in 21 sessions from €0.57 to €0.73 at 16:09 EST on Friday, following the last session’s upward trend. AEX-Index is rising 0.55% to €759.32, following the last session’s upward trend.

About VEON

VEON Ltd., through 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; and mobile bundles and call completion services. It also offers value-added services for corporations, operators, and consumers, as well as sells equipment and accessories. The company provides its services under the Beeline, Kyivstar, Jazz, Djezzy, and banglalink brands in Russia, Pakistan, Algeria, Uzbekistan, Ukraine, Bangladesh, Kazakhstan, Kyrgyzstan, and Georgia. It serves approximately 220 million customers. 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 €-0.154.

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).

Volume

Today’s last reported volume for VEON is 61154 which is 90.64% below its average volume of 78256.

More news about VEON (VEON.AS).

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