Vianet Group (LON:VNET) Stock Price Crosses Below 200-Day Moving Average – Should You Sell?

Vianet Group plc (LON:VNET)’s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 66.18 and traded as low as GBX 66. Vianet Group shares last traded at GBX 66.50, with a volume of 312,606 shares.

Vianet Group Price Performance

The business has a fifty day moving average of GBX 66.61 and a 200 day moving average of GBX 66.18. The firm has a market cap of £18.90 million, a P/E ratio of 46.50, a P/E/G ratio of 4.65 and a beta of 0.65. The company has a quick ratio of 0.69, a current ratio of 2.93 and a debt-to-equity ratio of 11.36.

Vianet Group (LON:VNET) last issued its earnings results on Tuesday, June 9th. The company reported GBX 1.43 earnings per share (EPS) for the quarter. Vianet Group had a return on equity of 1.53% and a net margin of 2.69%.The firm had revenue of GBX 1,523 million for the quarter. On average, equities research analysts predict 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.