Vianet Group (LON:VNET) Stock Breaks Above Fifty Day Moving Average – Here’s Why

Vianet Group plc (LON:VNET)’s stock price crossed above its 50 day moving average during trading on Wednesday. The stock has a 50 day moving average of GBX 66.28 and traded as high as GBX 67.40. Vianet Group shares last traded at GBX 67.40, with a volume of 21,201 shares trading hands.

Vianet Group Stock Down 1.1%

The company has a current ratio of 2.93, a quick ratio of 0.69 and a debt-to-equity ratio of 11.36. The stock has a market capitalization of £19.13 million, a PE ratio of 47.05, a P/E/G ratio of 4.65 and a beta of 0.64. The stock’s fifty day simple moving average is GBX 66.29 and its 200-day simple moving average is GBX 65.77.

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.