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

Vianet Group plc (LON:VNET)’s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 120.38 ($1.51) and traded as low as GBX 111.50 ($1.40). Vianet Group shares last traded at GBX 112.88 ($1.41), with a volume of 6,895 shares changing hands.

Vianet Group Price Performance

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 capitalization of £33.23 million, a price-to-earnings ratio of 3,762.67, a price-to-earnings-growth ratio of 4.65 and a beta of 1.25. The business’s 50 day simple moving average is GBX 109.80 and its 200-day simple moving average is GBX 120.38.

Vianet Group Cuts Dividend

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

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.