(VIANEWS) – Shares of VEON (AEX-Index: VEON.AS) rose 9.79% to €1.00 at 10:11 EST on Tuesday, after five successive sessions in a row of gains. AEX-Index is jumping 0.21% to €764.27, following the last session’s upward trend. This seems, up to now, a somewhat bullish trend trading session today.
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 oversold (<=20).
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