Vianet Group (LON:VNET) Stock Crosses Below 200 Day Moving Average – Time to Sell?

Vianet Group plc (LON:VNET)’s stock price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 120.29 ($1.47) and traded as low as GBX 112.10 ($1.37). Vianet Group shares last traded at GBX 112.10 ($1.37), with a volume of 6,266 shares.

Vianet Group Stock Performance

The business has a fifty day simple moving average of GBX 108.69 and a two-hundred day simple moving average of GBX 120.29. The company has a market cap of £33.00 million, a PE ratio of 3,736.67, a price-to-earnings-growth ratio of 4.65 and a beta of 1.25. The company has a debt-to-equity ratio of 13.30, a current ratio of 2.35 and a quick ratio of 0.69.

Vianet Group Cuts Dividend

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

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.