November 20, 2023, VNET Group Inc ADR (NASDAQ: VNET) trading session started at the price of $2.97, that was -6.14% drop from the session before. During the day, the shares moved up to $3.00 and dropped to $2.74 before settling in for the closing price of $2.93. A 52-week range for VNET has been $2.53 – $6.83.
During the last 5-year period, the sales growth of Technology Sector giant was 16.63%. When this article was written, the company’s average yearly earnings per share was at 64.66%. With a float of $129.91 million, this company’s outstanding shares have now reached $143.32 million.
Let’s determine the extent of company efficiency that accounts for 3293 employees. In terms of profitability, gross margin is +18.15, operating margin of +0.87, and the pretax margin is -8.92.
VNET Group Inc ADR (VNET) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward VNET Group Inc ADR stocks. The insider ownership of VNET Group Inc ADR is 9.36%, while institutional ownership is 43.14%.
VNET Group Inc ADR (VNET) Recent Fiscal highlights
Going through the last 3-months fiscal report unveiled on the 9/29/2023, it has been observed that the corporation posted -$0.4 earnings per share (EPS) during the time that was less than consensus figure (set at -$0.07) by -$0.33. This company achieved a net margin of -10.98 while generating a return on equity of -11.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 64.66% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 4.52% during the next five years compared to 8.38% growth over the previous five years of trading.
VNET Group Inc ADR (NASDAQ: VNET) Trading Performance Indicators
You can see what VNET Group Inc ADR (VNET) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.71. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.38.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.27, a number that is poised to hit -0.13 in the next quarter and is forecasted to reach -0.27 in one year’s time.
Technical Analysis of VNET Group Inc ADR (VNET)
Looking closely at VNET Group Inc ADR (NASDAQ: VNET), its last 5-days average volume was 4.3 million, which is a jump from its year-to-date volume of 1.8 million. As of the previous 9 days, the stock’s Stochastic %D was 12.87%. Additionally, its Average True Range was 0.29.
During the past 100 days, VNET Group Inc ADR’s (VNET) raw stochastic average was set at 15.73%, which indicates a significant increase from 11.82% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 151.88% in the past 14 days, which was higher than the 84.36% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.10, while its 200-day Moving Average is $3.25. However, in the short run, VNET Group Inc ADR’s stock first resistance to watch stands at $2.92. Second resistance stands at $3.09. The third major resistance level sits at $3.18. If the price goes on to break the first support level at $2.66, it is likely to go to the next support level at $2.57. Now, if the price goes above the second support level, the third support stands at $2.40.
VNET Group Inc ADR (NASDAQ: VNET) Key Stats
There are 148,452K outstanding shares of the company, which has a market capitalization of 394.13 million. As of now, sales total 1,024 M while income totals -112,500 K. Its latest quarter income was 251,230 K while its last quarter net income were -32,120 K.