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

Vianet Group plc (LON:VNETGet Free Report) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 63.75 and traded as high as GBX 67.90. Vianet Group shares last traded at GBX 66.98, with a volume of 57,375 shares.

Vianet Group Price Performance

The company has a current ratio of 2.61, a quick ratio of 0.69 and a debt-to-equity ratio of 11.74. The company has a 50 day moving average price of GBX 63.75 and a 200 day moving average price of GBX 65.33. The company has a market capitalization of £18.48 million, a P/E ratio of 18.11, a P/E/G ratio of 4.65 and a beta of 0.65.

About Vianet Group

(Get Free Report)

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.

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