VEON Ltd. (NASDAQ:VEON) stock raised 4.40% with closing price of $2.85

VEON Ltd. (NASDAQ:VEON) announced the results of the elections conducted at its Annual General Meeting of Shareholders. Shareholders elected one new member of the Company’s Board of Directors, Muhterem Kaan Terzioğlu, as well as eleven previously serving directors, Ursula Burns, Guillaume Bacuvier, Osama Bedier, Mikhail Fridman, Gennady Gazin, Andrei Gusev, Gunnar Holt, Sir Julian Horn-Smith, Robert Jan van de Kraats, Guy Laurence and Alexander Pertsovsky. With the election of Mr. Terzioğlu, the Board will increase from eleven to twelve members, including the reelected eleven previously serving directors.

Technical Stock Analysis 

VEON Ltd. (NASDAQ:VEON), a Technology sector firm, traded 15.28 Million shares in last trading session and stock elevated 4.40% with closing price of $2.85 per share. Company gross margins represents its total sales revenue minus its cost of goods sold (COGS), divided by the total sales revenue earned by the company, expressed as a percentage. And its good to know that the higher that percentage, the more the company retains on each dollar of sales, to service its other costs and the debt obligations, and VEON Ltd. (NASDAQ:VEON)’s gross margin stands at 76.80%.

Investment Worthy Stock or not? 

For personal guess ROI is usually expressed as a percentage and is typically used for taking any financial decisions, for the purpose of comparing a VEON Ltd. (NASDAQ:VEON)’s profitability or to compare the efficiency of different investments, hence, VEON return on investment (ROI) is 1.40%. 

52-Week Range 

52-Week Range are valuable stats for watching VEON Ltd. (NASDAQ:VEON)’s past year fluctuation as that gives investors an idea of how much the security has moved in the last year and whether it is trading near the top, middle or bottom of the range. VEON Ltd. (NASDAQ:VEON)’s stock value has moved between $2.07 – 3.13 in last one year. 

Analyst’s Views 

Analysts mean target price for VEON Ltd. (NASDAQ:VEON) is $3.48 while analysts mean recommendation is 2.30. 

Stock Performance 

Its weekly performance is 16.80% while year to date (YTD) performance is 21.79%. 

EPS Growth

Earnings per share growth is defined as the percentage change in normalised earnings per share over the previous 12 month period to the latest year end. It gives a good picture of the rate at which a company has grown its profitability. VEON Ltd. (NASDAQ:VEON)’s EPS growth this year is -245.20%. For best decision making investors should look at VEON Ltd. (NASDAQ:VEON)’s EPS growth for next year stands at 9.16%.