Vianet Group (LON:VNET) Shares Up 2.2% – What’s Next?

Vianet Group plc (LON:VNET – Get Free Report) shot up 2.2% during trading on Friday. The company traded as high as GBX 70 and last traded at GBX 70. Approximately 28,992 shares changed hands during trading, a decline of 3% from the average daily volume of 29,879 shares. The stock had previously closed at GBX 68.50.

Vianet Group Price Performance

The firm has a market capitalization of £19.90 million, a P/E ratio of 48.95, a PEG ratio of 4.65 and a beta of 0.64. The business’s 50-day simple moving average is GBX 67.35 and its 200 day simple moving average is GBX 66.34. The company has a quick ratio of 0.69, a current ratio of 2.93 and a debt-to-equity ratio of 11.36.

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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