Vodacom Group (OTCMKTS:VDMCY) Stock Jumps 2.5% – Still a Buy?

Vodacom Group Limited (OTCMKTS:VDMCY – Get Free Report)’s share price rose 2.5% on Monday. The stock traded as high as $10.24 and last traded at $10.20. Approximately 27,004 shares changed hands during mid-day trading, a decline of 23% from the average daily volume of 35,190 shares. The stock had previously closed at $9.95.

Vodacom Group Stock Up 2.5%

The business has a 50 day moving average price of $9.53 and a two-hundred day moving average price of $9.39.

About Vodacom Group

(Get Free Report)

Vodacom Group is a telecommunications and digital services company headquartered in South Africa. It began providing mobile services in South Africa in 1994 and is part of the Vodafone Group.

The company offers mobile voice and data, fixed broadband, and enterprise connectivity services. Its digital offerings include financial services through M-Pesa, which supports mobile payments and related services in several markets.

Vodacom serves customers in South Africa and other African markets, including the Democratic Republic of the Congo, Egypt, Lesotho, Mozambique, and Tanzania.

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