Vianet Group (LON:VNET) Shares Cross Above 50-Day Moving Average of $84.62

Vianet Group PLC (LON:VNET) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $84.62 and traded as high as $88.00. Vianet Group shares last traded at $86.00, with a volume of 20,330 shares.

The stock has a market capitalization of $23.37 million and a price-to-earnings ratio of 10.12. The company has a current ratio of 1.41, a quick ratio of 1.10 and a debt-to-equity ratio of 10.04. The stock’s 50 day moving average is GBX 84.63 and its two-hundred day moving average is GBX 122.56.

In related news, insider Chris Williams bought 2,000 shares of Vianet Group stock in a transaction that occurred on Friday, March 27th. The stock was purchased at an average cost of GBX 64 ($0.81) per share, with a total value of £1,280 ($1,629.12).

About Vianet Group (LON:VNET)

Vianet Group plc engages in the design, development, sale, and rental of fluid monitoring and machine monitoring equipment for the leisure and vending sectors in the United Kingdom, rest of Europe, the United States, and Canada. It operates through Smart Zones and Smart Machines segments. The company also provides data insights and related services; and management information and business insights through combining data from smart Internet of Things solutions and external information sources.

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