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1 Comment
VEON Ltd is currently in a long term uptrend where the price is trading 24.0% above its 200 day moving average.
From a valuation standpoint, the stock is 97.9% cheaper than other stocks from the Communication Services sector with a price to sales ratio of 0.4.
VEON Ltd's total revenue sank by 11.4% to $2B since the same quarter in the previous year.
Its net income has dropped by 68.2% to $7M since the same quarter in the previous year.
Finally, its free cash flow fell by 56.7% to $77M since the same quarter in the previous year.
Based on the above factors, VEON Ltd gets an overall score of 2/5.
Sector | Communication Services |
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Exchange | NASDAQ |
ISIN | US91822M1062 |
Industry | Telecom Services |
CurrencyCode | USD |
Beta | 1.43 |
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Market Cap | 3B |
PE Ratio | 8.51 |
Target Price | 63.225 |
Dividend Yield | None |
VEON Ltd., a digital operator, provides telecommunications and digital services to corporate and individual customers in Pakistan, Ukraine, Kazakhstan, Uzbekistan, and Bangladesh. The company offers fixed-line telecommunication services using fiber optic networks; mobile telecommunications services under prepaid and postpaid subscriptions, including value added and call completion, national and international roaming, wireless Internet access, mobile financial, and mobile bundle services; cross-border transit, voice, and data services; mobile connectivity services on 2G, 3G and 4G/LTE networks; prepaid scratch cards and electronic recharge options; customer support through contact centers; and Internet-TV using fiber to the building technology. It also provides internet and data access, roaming, and messaging solutions; Simosa, MyKyivstar, and MyBeeline self-care applications; Kyivstar TV, Tamasha, BeeTV, Toffee, and Beeline TV video streaming platforms; BiP messenger app; Game Now gaming platform; Beeline Music for music streaming, as well as live audio streaming services; Jazz Cricket sports app; JazzCash and Simply financial services platforms that offers wallets, payments, transfers, and digital lending services; and Helsi, a digital healthcare platform. In addition, the company sells equipment, infrastructure, and accessories; and provides cloud solutions, including consumer storage apps. It offers its products and services under the Kyivstar, Banglalink, Jazz, JazzCash, Beeline, IZI, and OQ brands. The company also distributes its products and services through direct sales force, distributors, third-party retailers, supermarkets, offices, stores, franchises, online, and other distribution channels. 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 Dubai, the United Arab Emirates.
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