Vianet Group (LON:VNET) Shares Cross Above 50 Day Moving Average – Time to Sell?

Vianet Group plc (LON:VNET) shares passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 65.68 and traded as high as GBX 66.30. Vianet Group shares last traded at GBX 66.30, with a volume of 55,157 shares changing hands.

Vianet Group Trading Up 0.5%

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 company’s 50-day moving average is GBX 65.68 and its 200-day moving average is GBX 66.34. The stock has a market capitalization of £18.85 million, a price-to-earnings ratio of 18.47, a PEG ratio of 4.65 and a beta of 0.65.

Vianet Group (LON:VNET) last posted its earnings results on Tuesday, June 9th. The company reported GBX 1.43 earnings per share for the quarter. Vianet Group had a net margin of 2.69% and a return on equity of 1.53%. The company had revenue of GBX 1,523 million for the quarter. Research analysts anticipate 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.