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

Vianet Group plc (LON:VNET)’s stock price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 66.47 and traded as low as GBX 65. Vianet Group shares last traded at GBX 66.17, with a volume of 213,290 shares traded.

Vianet Group Price Performance

The stock has a market capitalization of £18.76 million, a P/E ratio of 46.15, a price-to-earnings-growth ratio of 4.65 and a beta of 0.65. The company has a debt-to-equity ratio of 11.36, a current ratio of 2.93 and a quick ratio of 0.69. The stock has a fifty day moving average price of GBX 66.09 and a 200 day moving average price of GBX 66.47.

Vianet Group (LON:VNET) last released its quarterly earnings data on Tuesday, June 9th. The company reported GBX 1.43 earnings per share (EPS) for the quarter. The company 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%. On average, 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.