VNET Group Inc ADR (VNET) is set for another landmark as it hit the volume of 1.26 million

VNET Group Inc ADR (NASDAQ: VNET) open the trading on Wednesday, with a bit cautious approach as it glided -2.00% to $1.47, before settling in for the price of $1.50 at the close. Taking a more long-term approach, VNET posted a 52-week range of $1.39-$3.88.

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The company of the Technology sector’s yearbook sales growth during the past 5- year span was recorded 16.10%. Meanwhile, its Annual Earning per share during the time was -55.24%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 68.08%. This publicly-traded company’s shares outstanding now amounts to $252.23 million, simultaneously with a float of $228.71 million. The organization now has a market capitalization sitting at $370.78 million. At the time of writing, stock’s 50-day Moving Average stood at $1.6638, while the 200-day Moving Average is $2.5689.

VNET Group Inc ADR (VNET) Ownership Facts and Figures

Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Information Technology Services industry. VNET Group Inc ADR’s current insider ownership accounts for 9.33%, in contrast to 23.51% institutional ownership.

VNET Group Inc ADR (VNET) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of 88.00 per share during the current fiscal year.

VNET Group Inc ADR’s EPS increase for this current 12-month fiscal period is 68.08% and is forecasted to reach -0.11 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 11.60% through the next 5 years, which can be compared against the -55.24% growth it accomplished over the previous five years trading on the market.

VNET Group Inc ADR (NASDAQ: VNET) Trading Performance Indicators

Let’s observe the current performance indicators for VNET Group Inc ADR (VNET). It’s Quick Ratio in the last reported quarter now stands at 0.71. The Stock has managed to achieve an average true range (ATR) of 0.13. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.35.

In the same vein, VNET’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -2.41, a figure that is expected to reach 0.00 in the next quarter, and analysts are predicting that it will be -0.11 at the market close of one year from today.

Technical Analysis of VNET Group Inc ADR (VNET)

[VNET Group Inc ADR, VNET] recent stats showed that its last 5-days Average volume was poorer than the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 6.47% While, its Average True Range was 0.1219.

Raw Stochastic average of VNET Group Inc ADR (VNET) in the period of the previous 100 days is set at 4.37%, which indicates a major fall in contrast to 4.44% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 81.14% that was higher than 71.39% volatility it exhibited in the past 100-days period.