Vianet Group (LON:VNET) Share Price Passes Above 50-Day Moving Average – Should You Sell?

Vianet Group plc (LON:VNET) shares crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 68.78 and traded as high as GBX 68.90. Vianet Group shares last traded at GBX 68, with a volume of 125 shares changing hands.

Vianet Group Stock Performance

The firm has a market cap of £19.33 million, a PE ratio of 18.94, a PEG 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 company has a 50-day simple moving average of GBX 68.78 and a two-hundred day simple moving average of GBX 69.13.

Vianet Group (LON:VNET) last released its earnings results 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 earnings per share for the current year.

Insider Activity

In related news, insider James Dickson purchased 40,000 shares of the stock in a transaction that occurred on Thursday, February 19th. The shares were bought at an average price of GBX 69 per share, with a total value of £27,600. 21.30% of the stock is currently owned by insiders.

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.