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

Vianet Group plc (LON:VNET)’s share price crossed above its 50-day moving average during trading on Thursday . The stock has a 50-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 changing hands.

Vianet Group Stock Performance

The company has a market cap of £19.44 million, a P/E ratio of 19.05, a P/E/G ratio of 4.65 and a beta of 1.25. The company has a quick ratio of 0.69, a current ratio of 2.34 and a debt-to-equity ratio of 13.30. The business has a fifty day simple moving average of GBX 65.78 and a two-hundred day simple moving average of GBX 72.

Vianet Group (LON:VNET) last released its quarterly 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 anticipate 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.