VNET Group Inc ADR (NASDAQ: VNET) kicked off on Friday, down -2.92% from the previous trading day, before settling in for the closing price of $4.11. Over the past 52 weeks, VNET has traded in a range of $1.39-$4.50.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 16.10%. While this was happening, its average annual earnings per share was recorded 117.81%. With a float of $244.71 million, this company’s outstanding shares have now reached $258.08 million.
Considering the fact that the conglomerate employs 3038 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 20.45%, operating margin of -22.49%, and the pretax margin is -25.02%.
VNET Group Inc ADR (VNET) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Information Technology Services Industry. The insider ownership of VNET Group Inc ADR is 5.18%, while institutional ownership is 25.79%.
VNET Group Inc ADR (VNET) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 117.81% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 11.80% during the next five years compared to -55.24% drop over the previous five years of trading.
VNET Group Inc ADR (NASDAQ: VNET) Trading Performance Indicators
Take a look at VNET Group Inc ADR’s (VNET) current performance indicators. Last quarter, stock had a quick ratio of 0.83. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.94.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.11, a number that is poised to hit 0.02 in the next quarter and is forecasted to reach 0.02 in one year’s time.
Technical Analysis of VNET Group Inc ADR (VNET)
Compared to the last year’s volume of 1.6 million, its volume of 3.01 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 37.90%. 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 81.72%, which indicates a significant increase from 51.20% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 66.96% in the past 14 days, which was lower than the 96.31% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.73, while its 200-day Moving Average is $2.54. Nevertheless, the first resistance level for the watch stands at $4.10 in the near term. At $4.21, the stock is likely to face the second major resistance level. The third major resistance level sits at $4.32. If the price goes on to break the first support level at $3.89, it is likely to go to the next support level at $3.78. Now, if the price goes above the second support level, the third support stands at $3.67.
VNET Group Inc ADR (NASDAQ: VNET) Key Stats
The company with the Market Capitalisation of 1.03 billion has total of 257,398K Shares Outstanding. Its annual sales at the moment are 1,044 M in contrast with the sum of -372,380 K annual income. Company’s last quarter sales were recorded 302,210 K and last quarter income was 45,260 K.
