On September 15, 2023, VEON (NASDAQ:VEON) experienced a downgrade in its rating by StockNews.com. The research report issued on Friday resulted in the company’s rating being lowered from “strong-buy” to “buy”. This adjustment has impacted the market perception of VEON, prompting investors and analysts to closely monitor its performance.
At the opening bell on Friday, VEON’s stock price stood at $19.24. Over the past 50 days, the business has maintained an average moving price of $17.48, while over a longer period of 200 days, the average stands at $18.05. These figures provide insight into the company’s recent and long-term price trends.
With a market capitalization of $1.35 billion, VEON holds significant value within the stock market. Its price-to-earnings (PE) ratio is at 1.24, which indicates favorable earnings potential relative to its share price. Furthermore, VEON exhibits a beta of 1.50, implying it is more volatile compared to the overall market.
An assessment of VEON’s financial health reveals that it possesses a current ratio of 1.00 and a quick ratio of 1.03 – both adequate indicators of its short-term liquidity position. However, it is important to note that VEON carries a debt-to-equity ratio of 3.84, illustrating a higher reliance on borrowed funds to finance its operations.
Over the past year, VEON witnessed fluctuations in stock performance as evident from its twelve-month low of $7.45 and twelve-month high of $21.60 respectively. This volatility underscores the influence of various internal and external factors on the company’s share price.
The downgrade in rating highlights changing investor sentiment towards VEON and may impact future investor decisions or strategies involving this particular stock option.
Investors should remain attentive to ongoing developments concerning VEON to make informed decisions based on evolving market conditions and the analysis of fundamental factors influencing the company.

VEON Ltd.: Solid Earnings and Diverse Offerings Position Company as Telecommunications Leader

Debt to equity ratio: Buy
Price to earnings ratio: Strong Buy
Price to book ratio: Strong Buy
DCF: Strong Buy
ROE: Neutral
Current $136.02
Concensus $131.31
Low $0.00
Median $130.00
High $0.00

VEON Ltd., a prominent telecommunications provider, recently announced its earnings results for the quarter ending on August 29th, according to the NASDAQ. The company reported an impressive $8.75 earnings per share (EPS) for the period, demonstrating its strong performance in the market. Additionally, VEON generated a considerable revenue of $916 million during this timeframe.
Before making any investment decisions regarding VEON, it is important to gather comprehensive information about the company and its operations. VEON Ltd., along with its subsidiaries, specializes in offering a wide range of mobile and fixed-line telecommunications services. These services encompass voice calls, data transmission, and other forms of telecommunication through wireless, fixed, and broadband internet platforms.
One notable aspect of VEON’s offerings is its provision of value-added services. These include short messaging services (SMS), multimedia messages (MMS), caller number identification, call waiting functionalities, mobile internet access, and downloadable content among others. Moreover, the company offers machine-to-machine solutions as well as various financial services such as mobile finance.
One key highlight of VEON’s business model is its national and international roaming services that facilitate seamless communication for individuals traveling abroad or in different regions within their home country. This feature allows customers to stay connected while on the move without experiencing any disruptions or connectivity issues.
In addition to these diverse communication provisions, VEON also offers wireless internet access and internet-TV services – catering to the growing demand for digital entertainment among consumers. The integration of digital systems adds further value to their service offerings by streamlining processes and enhancing user experiences.
It is worth mentioning that one area where VEON has excelled is mobile financial services. As more individuals choose to manage their finances digitally using their smartphones, VEON has capitalized on this trend by providing mobile finance options to its customer base. These include mobile banking facilities, payment solutions such as mobile wallets or peer-to-peer transfers, and other related financial services tailored specifically to mobile users.
Furthermore, VEON offers various mobile bundles and call completion services, allowing customers to choose packages that suit their communication needs the best. By offering flexible options in this regard, VEON ensures that its customers can access and utilize their telecommunications services efficiently.
In conclusion, VEON Ltd. has established itself as a leading provider of mobile and fixed-line telecommunications services. With a comprehensive range of offerings such as voice calls, data transmission, internet access, digital entertainment services, and mobile financial solutions, the company continues to meet the evolving needs of its diverse customer base. As investors evaluate potential opportunities in the telecommunications sector on September 15th, 2023, considering VEON’s robust earnings report may provide valuable insights into the company’s performance and future prospects.
Over the last nine years, Elaine has managed investment portfolio using fundamental analysis and value investing, emphasizing long-term time horizons.
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