Vianet Group (LON:VNET) Shares Pass Below Two Hundred Day Moving Average – Here’s What Happened

Vianet Group plc (LON:VNET)’s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 120.30 ($1.57) and traded as low as GBX 120.25 ($1.57). Vianet Group shares last traded at GBX 123.88 ($1.62), with a volume of 76,166 shares changing hands.

Vianet Group Stock Down 1.3 %

The firm has a 50 day simple moving average of GBX 126.25 and a two-hundred day simple moving average of GBX 120.30. The company has a debt-to-equity ratio of 13.30, a quick ratio of 0.69 and a current ratio of 2.35. The stock has a market cap of £36.47 million, a P/E ratio of 4,129.33, a P/E/G ratio of 4.65 and a beta of 1.25.

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.