Vodafone Group (NASDAQ:VOD)- Active Momentum Stocks in New Buzz: Park Sterling (NASDAQ:PSTB)

Vodafone Group Plc (NASDAQ:VOD) [Trend Analysis] moved down reacts as active mover, shares a loss -0.27% to trade at $26.23 and the percentage gap between open changing to regular change was -0.42%. Vodafone (VOD) Red Postpaid Plans Now Offer Unlimited Calls, Data Benefits Starting Rs. 499. Indian telecom operators are coming out with new plans to take on the Reliance Jio free services that recently got an extension of three months under the Jio Happy New Year Offer.

After Airtel’s Infinity Plan announcement, it was Vodafone’s turn to come out with its new plans offering unlimited calls and more data. Vodafone has revamped its Red postpaid plans to offer unlimited calls including local and national calls to any network as well as 3GB of 3G/ 4G data at a price of Rs. 499.

Gadgets 360 tried to get in touch with Vodafone to confirm the plans but the company declined to comment on the revamped Red plans. However, it’s evident the plans are accessible in some regions, with dealers already hawking them (as seen in the above image). The firm’s current ratio calculated as 0.90 for the most recent quarter. The firm past twelve months price to sales ratio was 1.22 and price to cash ratio remained 4.93. As far as the returns are concern, return on investment was -1.40%. The firm has total debt to equity ratio measured as 0.75.

Park Sterling Corporation (NASDAQ:PSTB) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it -0.46% to close at $10.75 with the total traded volume of 17922 shares. Park Sterling Corporation (NASDAQ: PSTB) declared that it is has hired three additional commercial banking officers for the Richmond, Virginia market.

“We are very excited to have Sean Link, Robert Campbell, and Justin Ingram joining our commercial banking team in Richmond,” stated Bobby Cowgill, Richmond Market President. “These accomplished bankers all have proven track records of building exceptional relationships and serving businesses in the Richmond community. We are confident that the addition of these bankers to our team will position us well to expand our presence and meet the needs of businesses in the dynamic Richmond market as we begin 2017.” The firm has institutional ownership of 81.50%, while insider ownership included 2.40%. Its price to sales ratio ended at 5.19. PSTB attains analyst recommendation of 2.40 with week’s performance of -1.91%.

 

About Richard Avery

He is a capital projects manager and process design engineer at a large-cap company. He has renowned MBA degree. Before joining SWR, he was a freelance writer for renounce tech websites. He is currently studying for CFP exam. Interests: Tech stocks, Economic Markets, Blue-chips.

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