Vianet Group (LON:VNET) Stock Price Crosses Above 50 Day Moving Average – Should You Sell?

Vianet Group plc (LON:VNET) shares crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 65.22 and traded as high as GBX 68. Vianet Group shares last traded at GBX 66.80, with a volume of 73,245 shares trading hands.

Vianet Group Stock Performance

The firm has a market capitalization of £18.48 million, a price-to-earnings ratio of 18.11, a P/E/G ratio of 4.65 and a beta of 0.65. The company has a 50-day moving average price of GBX 65.43 and a 200-day moving average price of GBX 65.96. 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 posted its earnings results on Tuesday, June 9th. The company reported GBX 1.43 EPS for the quarter. The firm had revenue of GBX 1,523 million for the quarter. Vianet Group had a return on equity of 1.53% and a net margin of 2.69%. As a group, equities research analysts forecast that Vianet Group plc will post 6.199187 earnings per share for the current year.

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.