Vianet Group (LON:VNET) Stock Price Crosses Below 200-Day Moving Average – Should You Sell?

Shares of Vianet Group plc (LON:VNET) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 66.18 and traded as low as GBX 66. Vianet Group shares last traded at GBX 66.50, with a volume of 312,606 shares traded.

Vianet Group Price Performance

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 stock has a market capitalization of £18.90 million, a P/E ratio of 46.50, a PEG ratio of 4.65 and a beta of 0.65. The company has a fifty day simple moving average of GBX 66.61 and a two-hundred day simple moving average of GBX 66.18.

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