Vianet Group (LON:VNET) Share Price Passes Below 50 Day Moving Average – Time to Sell?

Vianet Group plc (LON:VNET)’s stock price passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 79.68 ($1.07) and traded as low as GBX 70 ($0.94). Vianet Group shares last traded at GBX 70 ($0.94), with a volume of 29,783 shares.

Vianet Group Trading Down 4.1%

The stock’s fifty day simple moving average is GBX 79.68 and its two-hundred day simple moving average is GBX 76.93. The firm has a market cap of £20.11 million, a PE ratio of 2,447.55, 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.

Insider Buying and Selling at Vianet Group

In related news, insider James Dickson acquired 20,000 shares of Vianet Group stock in a transaction that occurred on Monday, July 28th. The stock was bought at an average price of GBX 91 per share, with a total value of £18,200. 20.80% of the stock is owned by insiders.

About Vianet Group

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.