Vianet Group (LON:VNET) Stock Crosses Below 200-Day Moving Average – What’s Next?

Vianet Group plc (LON:VNET)’s share price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 120.35 ($1.51) and traded as low as GBX 111 ($1.39). Vianet Group shares last traded at GBX 112.20 ($1.41), with a volume of 28,417 shares changing hands.

Vianet Group Price Performance

The firm has a market cap of £33.03 million, a price-to-earnings ratio of 3,740.00, a P/E/G ratio of 4.65 and a beta of 1.25. 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 business has a 50 day simple moving average of GBX 111.03 and a 200-day simple moving average of GBX 120.35.

Vianet Group Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, January 29th. Shareholders of record on Thursday, December 12th will be given a GBX 0.30 ($0.00) dividend. This represents a yield of 0.31%. The ex-dividend date of this dividend is Thursday, December 12th. Vianet Group’s payout ratio is 3,333.33%.

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.