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

Vianet Group plc (LON:VNET) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 66.43 and traded as high as GBX 66.75. Vianet Group shares last traded at GBX 66.75, with a volume of 3,532 shares.

Vianet Group Trading Down 1.5%

The stock has a market capitalization of £18.48 million, a price-to-earnings ratio of 45.45, a PEG ratio of 4.65 and a beta of 0.64. The company has a current ratio of 2.93, a quick ratio of 0.69 and a debt-to-equity ratio of 11.36. The firm has a 50-day moving average of GBX 66.44 and a 200 day moving average of GBX 65.65.

Vianet Group (LON:VNET) last posted its quarterly earnings data on Tuesday, June 9th. The company reported GBX 1.43 earnings per share for the quarter. The business had revenue of GBX 1,523 million during the quarter. Vianet Group had a net margin of 2.69% and a return on equity of 1.53%. As a group, equities analysts predict that Vianet Group plc will post 6.199187 EPS for the current fiscal year.

About Vianet Group

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.