Vianet Group (LON:VNET) Shares Pass Above Fifty Day Moving Average – Should You Sell?

Vianet Group plc (LON:VNET) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 65.15 and traded as high as GBX 68.90. Vianet Group shares last traded at GBX 68.90, with a volume of 82,912 shares.

Vianet Group Price Performance

The company has a market capitalization of £19.33 million, a price-to-earnings ratio of 18.94, a PEG ratio of 4.65 and a beta of 1.25. 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 firm’s 50 day simple moving average is GBX 65.15 and its 200-day simple moving average is GBX 72.96.

Vianet Group (LON:VNET) last issued its earnings results on Tuesday, December 2nd. The company reported GBX 0.79 earnings per share (EPS) for the quarter. Vianet Group had a return on equity of 2.99% and a net margin of 5.28%. On average, sell-side analysts anticipate that Vianet Group plc will post 6.199187 EPS for the current fiscal 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.