Vianet Group (LON:VNET) Stock Passes Below Two Hundred Day Moving Average – Should You Sell?

Shares of Vianet Group plc (LON:VNET) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 102.50 ($1.33) and traded as low as GBX 58.10 ($0.75). Vianet Group shares last traded at GBX 58.10 ($0.75), with a volume of 21,812 shares trading hands.

Vianet Group Trading Down 0.7 %

The company has a debt-to-equity ratio of 13.30, a quick ratio of 0.69 and a current ratio of 2.34. The stock has a market cap of £16.91 million, a P/E ratio of 21.38, a P/E/G ratio of 4.65 and a beta of 1.25. The stock has a 50-day moving average price of GBX 79.04 and a 200-day moving average price of GBX 102.50.

Insider Activity

In other news, insider James Dickson acquired 25,000 shares of Vianet Group stock in a transaction that occurred on Thursday, January 30th. The shares were bought at an average cost of GBX 88 ($1.14) per share, with a total value of £22,000 ($28,475.28). Company insiders own 39.91% of the company’s stock.

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.