Vodacom Group (OTCMKTS:VDMCY) Stock Price Breaks Below 50-Day Moving Average of $8.66


Vodacom Group Limited’s (OTCMKTS:VDMCY – Get Rating) share price fell below its fifty-day moving average during Friday’s session. The stock has a fifty-day moving average of $8.66 and is trading as low as $8.37. Vodacom Group shares last traded at $8.44, with a volume of 98,300 shares traded.

Vodacom Group price performance

The company’s 50-day moving average is $8.66 and its 200-day moving average is $9.41.

The Vodacom group reduces its dividend

The company also recently disclosed a dividend, which was paid on Tuesday, July 5. Shareholders of record on Friday, June 24 received a dividend of $0.2018 per share. This represents a dividend yield of 4.75%. The ex-dividend date was Thursday, June 23.

Vodacom Group Company Profile

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Vodacom Group Limited operates as a connectivity, digital and financial services company in South Africa and internationally. It offers a range of communications services, including data, mobile and fixed voice, messaging, financial services, enterprise computing and converged services. The company also provides mobile and fixed connectivity solutions, as well as Internet and virtual private network services to its customers on various wireless, fixed, satellite, mobile and convergent technologies; and cloud hosting and security services including infrastructure as a service, platform as a service, software as a service, security services, hosted applications, and back-end, direct-to-all connectivity the hyperscalers.

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