How Will the Market React to VEON Ltd (VEON) Stock Getting a Bullish Rating

VEON Ltd (VEON) stock is higher by 2.36% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

VEON Ltd has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on VEON!

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What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With VEON Stock Today?

VEON Ltd (VEON) stock is down -0.68% while the S&P 500 has risen 0.33% as of 11:11 AM on Wednesday, Sep 15. VEON is down -$0.02 from the previous closing price of $2.19 on volume of 4,102,464 shares. Over the past year the S&P 500 is higher by 31.75% while VEON has risen 76.42%. VEON lost -$0.22 per share in the over the last 12 months. To screen for more stocks like VEON Ltd click here.

More About VEON Ltd

VEON Ltd is a global provider of connectivity and internet services. The company provides more than 210 million customers with voice, fixed broadband, data and digital services. Currently, the company offers services to customers in 10 countries: Russia, Pakistan, Algeria, Uzbekistan, Ukraine, Bangladesh, Kazakhstan, Kyrgyzstan, Armenia and Georgia. The reportable segments currently consist of the following seven segments: Russia; Pakistan; Algeria; Bangladesh; Ukraine; Uzbekistan; and HQ. The company provides services under the Beeline, Kyivstar, banglalink, Jazz and Djezzy brands. The maximum revenue derives from Russia. Click Here to get the full Stock Report for VEON Ltd stock.