Vianet Group (LON:VNET) Stock Passes Below Two Hundred Day Moving Average – Should You Sell?

Vianet Group plc (LON:VNET)’s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 66.18 and traded as low as GBX 66. Vianet Group shares last traded at GBX 66.50, with a volume of 312,606 shares trading hands.

Vianet Group Stock Performance

The company has a quick ratio of 0.69, a current ratio of 2.93 and a debt-to-equity ratio of 11.36. The business has a 50 day moving average price of GBX 66.67 and a 200 day moving average price of GBX 66.16. The stock has a market cap of £18.62 million, a P/E ratio of 45.80, a PEG ratio of 4.65 and a beta of 0.65.

Vianet Group (LON:VNET) last issued its quarterly earnings results on Tuesday, June 9th. The company reported GBX 1.43 earnings per share (EPS) for the quarter. Vianet Group had a return on equity of 1.53% and a net margin of 2.69%.The firm had revenue of GBX 1,523 million during the quarter. As a group, sell-side analysts expect that Vianet Group plc will post 6.199187 EPS 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.