Vianet Group (LON:VNET) Share Price Crosses Above Fifty Day Moving Average – Time to Sell?

Vianet Group plc (LON:VNETGet Free Report) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 67.23 ($0.91) and traded as high as GBX 76.50 ($1.03). Vianet Group shares last traded at GBX 75 ($1.01), with a volume of 37,742 shares.

Vianet Group Trading Down 2.0%

The company has a current ratio of 2.34, a quick ratio of 0.69 and a debt-to-equity ratio of 13.30. The company has a market cap of £21.83 million, a PE ratio of 27.59, a P/E/G ratio of 4.65 and a beta of 1.25. The company has a fifty day simple moving average of GBX 67.23 and a two-hundred day simple moving average of GBX 83.29.

Insider Transactions at Vianet Group

In other news, insider James Dickson acquired 40,000 shares of the firm’s stock in a transaction dated Friday, May 9th. The stock was acquired at an average cost of GBX 72 ($0.97) per share, with a total value of £28,800 ($38,961.04). Corporate insiders own 39.91% of the company’s stock.

Vianet Group Company Profile

(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

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