Vianet Group (LON:VNET) Share Price Passes Above Fifty Day Moving Average – Should You Sell?

Shares of Vianet Group plc (LON:VNET) passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 66.43 and traded as high as GBX 66.75. Vianet Group shares last traded at GBX 66.75, with a volume of 3,532 shares trading hands.

Vianet Group Trading Up 1.5%

The company has a 50 day moving average of GBX 66.43 and a 200-day moving average of GBX 65.66. The company has a debt-to-equity ratio of 11.36, a quick ratio of 0.69 and a current ratio of 2.93. The stock has a market cap of £19.04 million, a price-to-earnings ratio of 46.85, a price-to-earnings-growth ratio of 4.65 and a beta of 0.64.

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