Vianet Group (LON:VNET) Share Price Passes Above Fifty Day Moving Average of $61.78

Vianet Group plc (LON:VNETGet Rating)’s share price crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 61.78 ($0.75) and traded as high as GBX 76.17 ($0.93). Vianet Group shares last traded at GBX 74 ($0.90), with a volume of 42,836 shares changing hands.

Vianet Group Stock Up 2.1 %

The business has a fifty day simple moving average of GBX 61.78 and a 200 day simple moving average of GBX 60.74. The firm has a market cap of £21.32 million and a price-to-earnings ratio of 3,700.00. The company has a debt-to-equity ratio of 15.65, a current ratio of 1.06 and a quick ratio of 0.69.

Vianet Group Company Profile

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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 Smart Zones and Smart Machines segments. The company offers SmartContact, a contactless payment solution for vending machines, self-service, and unattended retail markets; SmartVend, a vending management software 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.

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