Vianet Group (LON:VNET) Share Price Crosses Above Fifty Day Moving Average – Here’s What Happened

Vianet Group plc (LON:VNETGet Free Report)’s share price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 64.27 and traded as high as GBX 65. Vianet Group shares last traded at GBX 63.55, with a volume of 4,679 shares traded.

Vianet Group Stock Performance

The stock has a market capitalization of £18.25 million, a price-to-earnings ratio of 17.88, a price-to-earnings-growth ratio of 4.65 and a beta of 0.65. The company has a quick ratio of 0.69, a current ratio of 2.61 and a debt-to-equity ratio of 11.74. The stock’s 50-day simple moving average is GBX 64.04 and its 200 day simple moving average is GBX 65.34.

Insider Buying and Selling

In other news, insider James Dickson purchased 40,000 shares of Vianet Group stock in a transaction on Thursday, February 19th. The shares were purchased at an average cost of GBX 69 per share, for a total transaction of £27,600. 21.42% of the stock is currently owned by company insiders.

About Vianet Group

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Vianet Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vianet Group and related companies with MarketBeat.com's FREE daily email newsletter.