Vianet Group (LON:VNET) Stock Crosses Below 50 Day Moving Average – Here’s Why

Shares of Vianet Group plc (LON:VNET) crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 125.27 ($1.62) and traded as low as GBX 120 ($1.56). Vianet Group shares last traded at GBX 122.50 ($1.59), with a volume of 24,726 shares trading hands.

Vianet Group Stock Performance

The company has a quick ratio of 0.69, a current ratio of 2.35 and a debt-to-equity ratio of 13.30. The stock has a market capitalization of £36.06 million, a price-to-earnings ratio of 4,083.33, a price-to-earnings-growth ratio of 4.65 and a beta of 1.25. The stock’s 50-day simple moving average is GBX 125.03 and its 200 day simple moving average is GBX 121.48.

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.