Vianet Group (LON:VNET) Stock Passes Above 50 Day Moving Average – What’s Next?

Vianet Group plc (LON:VNET) shares passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 65.22 and traded as high as GBX 68. Vianet Group shares last traded at GBX 66.80, with a volume of 73,245 shares trading hands.

Vianet Group Stock Performance

The company has a debt-to-equity ratio of 11.36, a quick ratio of 0.69 and a current ratio of 2.93. The company has a 50 day moving average price of GBX 65.22 and a 200 day moving average price of GBX 65.88. The company has a market capitalization of £18.99 million, a price-to-earnings ratio of 18.61, a P/E/G ratio of 4.65 and a beta of 0.65.

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