Vianet Group (LON:VNET) Stock Price Passes Below 200-Day Moving Average – Should You Sell?

Vianet Group plc (LON:VNET)’s stock price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 120.38 ($1.49) and traded as low as GBX 111.50 ($1.38). Vianet Group shares last traded at GBX 112.88 ($1.40), with a volume of 6,895 shares trading hands.

Vianet Group Stock Down 0.4 %

The firm has a 50 day simple moving average of GBX 109.59 and a two-hundred day simple moving average of GBX 120.33. The stock has a market capitalization of £33.12 million, a P/E ratio of 3,750.00, a PEG ratio of 4.65 and a beta of 1.25. The company has a quick ratio of 0.69, a current ratio of 2.35 and a debt-to-equity ratio of 13.30.

Vianet Group Cuts Dividend

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