Vianet Group (LON:VNET) Stock Price Passes Above 50 Day Moving Average – Should You Sell?

Vianet Group plc (LON:VNET) passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 67.73 and traded as high as GBX 69.50. Vianet Group shares last traded at GBX 69.50, with a volume of 24,079 shares.

Vianet Group Trading Up 5.3%

The firm has a market cap of £19.76 million, a price-to-earnings ratio of 19.36, a price-to-earnings-growth ratio of 4.65 and a beta of 1.25. The business has a 50 day moving average of GBX 67.73 and a 200 day moving average of GBX 69.86. The company has a quick ratio of 0.69, a current ratio of 2.34 and a debt-to-equity ratio of 13.30.

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

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.