Vianet Group (LON:VNET) Share Price Passes Above Fifty 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 65.78 and traded as high as GBX 68. Vianet Group shares last traded at GBX 68, with a volume of 4,896 shares trading hands.

Vianet Group Price Performance

The stock has a market cap of £19.44 million, a price-to-earnings ratio of 19.05, 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 company has a 50-day simple moving average of GBX 65.91 and a two-hundred day simple moving average of GBX 71.83.

Vianet Group (LON:VNET) last released its quarterly earnings data on Tuesday, December 2nd. The company reported GBX 0.79 EPS for the quarter. Vianet Group had a return on equity of 2.99% and a net margin of 5.28%. As a group, equities research analysts forecast that Vianet Group plc will post 6.199187 EPS 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.