Vianet Group (LON:VNET) Share Price Passes Below 50-Day Moving Average – Time to Sell?

Shares of Vianet Group plc (LON:VNET) passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 65.10 and traded as low as GBX 62. Vianet Group shares last traded at GBX 67, with a volume of 34,445 shares traded.

Vianet Group Stock Performance

The company has a debt-to-equity ratio of 11.74, a quick ratio of 0.69 and a current ratio of 2.61. The business has a 50-day moving average price of GBX 65.10 and a 200 day moving average price of GBX 65.51. The stock has a market capitalization of £18.76 million, a P/E ratio of 18.38, a PEG ratio of 4.65 and a beta of 0.65.

Insider Activity at Vianet Group

In related news, insider James Dickson purchased 40,000 shares of the company’s stock in a transaction dated Thursday, February 19th. The shares were purchased at an average cost of GBX 69 per share, with a total value of £27,600. 21.42% of the stock is currently owned by corporate insiders.

Vianet Group Company Profile

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.