Thursday 9 January 2020

Veon Ltd Stock is interesting to watch for in 2020


Veon Ltd Stock (NASDAQ:VEON) will be interesting to watch in 2020. VEON Ltd. is an interesting multinational telecommunication services company headquartered in Amsterdam, Netherlands. It predominantly operates services in the regions of Asia, Africa and Europe. It is the 9th largest mobile network operator in the world by number of subscribers. It is impressive with 214 million customers.

On Monday Shares of VEON Ltd. (NASDAQ: VEON) created a change of -0.39% and closed at $2.56. EPS growth is sure an important number as it suggests the successful performance of a company. Growth in E-P-S is the essential main measure of administration performance. This measure would show how much money the company is making for its investors or stakeholders. It can also see the after-effects of issuance of new shares (this is especially important when the growth comes as a result of acquisition).

This interesting company is in the Technology sector and Telecom Services Foreign industry. The impressive company’s Market capitalization is 4.39B.

VEON Ltd. ownership details:
institutional ownership is held at 22.10%
insider ownership is held at 39.60%

Currently, VEON has a P/S, P/E and P/B values of 0.50, 7.71 and 3.61 respectively.

Its P/Cash is valued at 3.17.

The company was formerly VimpelCom Ltd. (2009-2017).

The public company is traded as NASDAQ: VEON and Euronext: VEON.

Remain optimistic about the industry of telecommunications. Its predecessor was PJSC VimpelCom and Kyivstar.

The company has interesting products: mobile telephony, mobile phones retailing, international telephony, broadband Internet, IPTV, city-wide Wi-Fi, domain name registrar and others.

Revenue was US$ 9.78 billion in 2016.

Total assets were US$ 33.85 billion in 2016.

Number of employees is 66,000.

The subsidiaries are OJSC VimpelCom, KB Impuls, Kyivstar and Wind Tre.

The company website is veon.com







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