Vianet Group (LON:VNET) Share Price Passes Below Two Hundred Day Moving Average – Should You Sell?

Shares of Vianet Group plc (LON:VNET) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 66.43 and traded as low as GBX 65. Vianet Group shares last traded at GBX 65, with a volume of 26,348 shares trading hands.

Vianet Group Price Performance

The stock has a market cap of £19.33 million, a price-to-earnings ratio of 47.55, a price-to-earnings-growth ratio of 4.65 and a beta of 0.65. The stock’s 50 day moving average price is GBX 66.29 and its two-hundred day moving average price is GBX 66.41. The company has a quick ratio of 0.69, a current ratio of 2.93 and a debt-to-equity ratio of 11.36.

Vianet Group (LON:VNET) last posted its earnings results on Tuesday, June 9th. The company reported GBX 1.43 earnings per share (EPS) for the quarter. Vianet Group had a net margin of 2.69% and a return on equity of 1.53%. The company had revenue of GBX 1,523 million during the quarter. Equities research analysts forecast that Vianet Group plc will post 6.199187 EPS for the current fiscal year.

About Vianet Group

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.