Vianet Group (LON:VNET) Share Price Passes Above Fifty Day Moving Average of $112.97

Vianet Group plc (LON:VNET)’s stock price passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 112.97 ($1.43) and traded as high as GBX 118 ($1.50). Vianet Group shares last traded at GBX 116.50 ($1.48), with a volume of 24,000 shares trading hands.

Vianet Group Stock Up 0.4 %

The firm has a fifty day moving average price of GBX 112.97 and a 200 day moving average price of GBX 103.80. The company has a quick ratio of 0.69, a current ratio of 2.22 and a debt-to-equity ratio of 13.58. The company has a market cap of £34.27 million, a P/E ratio of 8,000.00, a PEG ratio of 4.65 and a beta of 1.26.

Vianet Group Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, August 2nd. Shareholders of record on Thursday, June 20th will be paid a GBX 0.75 ($0.01) dividend. This represents a yield of 0.7%. This is an increase from Vianet Group’s previous dividend of $0.50. The ex-dividend date of this dividend is Thursday, June 20th.

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.