Vianet Group (LON:VNET) Stock Price Crosses Above 50-Day Moving Average – Here’s Why

Vianet Group plc (LON:VNET)’s stock price passed above its fifty day moving average during trading on Tuesday. The stock has a fifty day moving average of GBX 66.12 and traded as high as GBX 68. Vianet Group shares last traded at GBX 66, with a volume of 12,952 shares trading hands.

Vianet Group Stock Performance

The company has a debt-to-equity ratio of 11.36, a current ratio of 2.93 and a quick ratio of 0.69. The stock has a fifty day moving average price of GBX 66.14 and a two-hundred day moving average price of GBX 65.55. The company has a market cap of £18.82 million, a P/E ratio of 46.29, a PEG ratio of 4.65 and a beta of 0.64.

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.