Vianet Group (LON:VNET) Stock Crosses Above 50-Day Moving Average – Here’s What Happened

Vianet Group plc (LON:VNET) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 63.17 and traded as high as GBX 67. Vianet Group shares last traded at GBX 65, with a volume of 33,663 shares.

Vianet Group Stock Down 3.0%

The firm has a market cap of £18.48 million, a price-to-earnings ratio of 18.11, a price-to-earnings-growth ratio of 4.65 and a beta of 1.25. The company has a debt-to-equity ratio of 13.30, a quick ratio of 0.69 and a current ratio of 2.34. The firm has a 50-day moving average price of GBX 63.15 and a two-hundred day moving average price of GBX 75.82.

Vianet Group (LON:VNET) last announced its earnings results on Tuesday, December 2nd. The company reported GBX 0.79 EPS for the quarter. Vianet Group had a net margin of 5.28% and a return on equity of 2.99%. On average, sell-side analysts forecast that Vianet Group plc will post 6.199187 earnings per share for the current year.

Vianet Group Company Profile

Vianet Group plc provides data services, actionable management information, and business insights in the United Kingdom, rest of Europe, the United States, and Canada. It operates through two segments: Smart Zones and Smart Machines. The company offers SmartContact, a contactless payment solution; SmartVend, a vending management system; iDraught, a draught beer quality and waste management system; SmartInsight, which provides actionable data and insights through interactive reporting; SmartAcademy which offers a range of e-learning videos and face to face training courses to support the business; and SmartMetrics, a telemetry solution that offers data capture and machine management services.