Vianet Group (LON:VNET) Trading Down 12.3% – Should You Sell?

Vianet Group plc (LON:VNET) shares were down 12.3% on Thursday . The stock traded as low as GBX 81.60 ($1.02) and last traded at GBX 89 ($1.11). Approximately 117,386 shares changed hands during mid-day trading, an increase of 248% from the average daily volume of 33,777 shares. The stock had previously closed at GBX 101.50 ($1.26).

Vianet Group Stock Down 12.3 %

The firm has a market cap of £26.20 million, a price-to-earnings ratio of 2,966.67, a PEG ratio of 4.65 and a beta of 1.25. The business’s 50-day moving average is GBX 108.11 and its 200-day moving average is GBX 118.51. The company has a debt-to-equity ratio of 13.30, a quick ratio of 0.69 and a current ratio of 2.35.

Vianet Group (LON:VNET) last posted its quarterly earnings data on Tuesday, December 3rd. The company reported GBX 0.06 ($0.00) earnings per share for the quarter. Vianet Group had a net margin of 5.28% and a return on equity of 3.01%. On average, equities analysts predict that Vianet Group plc will post 6.199187 EPS for the current year.

Vianet Group Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, January 29th. Shareholders of record on Thursday, December 12th were paid a GBX 0.30 ($0.00) dividend. This represents a yield of 0.31%. The ex-dividend date of this dividend was Thursday, December 12th. Vianet Group’s dividend 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.