Witnessing the stock’s movement on the chart, on Wednesday, VNET Group Inc ADR (NASDAQ: VNET) set off with pace as it heaved 7.52% to $3.86, before settling in for the price of $3.59 at the close. Taking a more long-term approach, VNET posted a 52-week range of $1.39-$4.50.
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It was noted that the giant of the Technology sector posted annual sales growth of 16.10% over the last 5 years. Meanwhile, its Annual Earning per share during the time was -55.24%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 114.26%. This publicly-traded company’s shares outstanding now amounts to $252.27 million, simultaneously with a float of $244.71 million. The organization now has a market capitalization sitting at $996.19 million. At the time of writing, stock’s 50-day Moving Average stood at $3.66, while the 200-day Moving Average is $2.40.
VNET Group Inc ADR (VNET) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Information Technology Services industry. VNET Group Inc ADR’s current insider ownership accounts for 5.18%, in contrast to 25.79% institutional ownership.
VNET Group Inc ADR (VNET) Earnings and Revenue Records
VNET Group Inc ADR’s EPS increase for this current 12-month fiscal period is 114.26% and is forecasted to reach 0.04 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 11.80% 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 0.83. The Stock has managed to achieve an average true range (ATR) of 0.31. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.91.
In the same vein, VNET’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -2.11, a figure that is expected to reach 0.03 in the next quarter, and analysts are predicting that it will be 0.04 at the market close of one year from today.
Technical Analysis of VNET Group Inc ADR (VNET)
Going through the that latest performance of [VNET Group Inc ADR, VNET]. Its last 5-days volume of 3.28 million indicated improvement to the volume of 1.57 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 34.32% While, its Average True Range was 0.33.
Raw Stochastic average of VNET Group Inc ADR (VNET) in the period of the previous 100 days is set at 77.06%, which indicates a major rise in contrast to 48.77% 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 105.67% that was higher than 96.15% volatility it exhibited in the past 100-days period.
