Vianet Group (LON:VNET) Shares Up 3.9%

Vianet Group PLC (LON:VNET)’s stock price shot up 3.9% during trading on Wednesday . The company traded as high as GBX 133 ($1.74) and last traded at GBX 133.50 ($1.74), 24,863 shares were traded during trading. An increase of 109% from the average session volume of 11,913 shares. The stock had previously closed at GBX 128.50 ($1.68).

The stock’s fifty day moving average price is GBX 120.50 and its 200 day moving average price is GBX 125.87. The company has a quick ratio of 0.85, a current ratio of 1.23 and a debt-to-equity ratio of 11.68. The stock has a market cap of $38.03 million and a PE ratio of 15.17.

In other news, insider Chris Williams purchased 2,000 shares of the business’s stock in a transaction dated Friday, September 6th. The shares were purchased at an average price of GBX 122 ($1.59) per share, for a total transaction of £2,440 ($3,188.29). Also, insider James Dickson purchased 45,000 shares of the business’s stock in a transaction dated Thursday, August 22nd. The shares were purchased at an average price of GBX 120 ($1.57) per share, for a total transaction of £54,000 ($70,560.56).

Vianet Group Company Profile (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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