On Monday, VNET Group Inc ADR (NASDAQ: VNET) was 4.65% up from the session before settling in for the closing price of $4.95. A 52-week range for VNET has been $1.39 – $5.36.
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Annual sales at Technology sector company grew by 18.45% over the past five years. When this article was written, the company’s average yearly earnings per share was at 118.04%. With a float of $248.28 million, this company’s outstanding shares have now reached $261.84 million.
Let’s look at the performance matrix of the company that is accounted for 3038 employees. 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) Insider and Institutional Ownership
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 5.18%, while institutional ownership is 25.41%.
VNET Group Inc ADR (VNET) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 118.04% 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
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 0.83. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.24.
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)
VNET Group Inc ADR (NASDAQ: VNET) saw its 5-day average volume 4.84 million, a positive change from its year-to-date volume of 3.87 million. As of the previous 9 days, the stock’s Stochastic %D was 83.88%. Additionally, its Average True Range was 0.37.
During the past 100 days, VNET Group Inc ADR’s (VNET) raw stochastic average was set at 95.05%, which indicates a significant increase from 90.22% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 99.03% in the past 14 days, which was higher than the 96.35% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.87, while its 200-day Moving Average is $2.72. Nevertheless, the first resistance level for the watch stands at $5.32 in the near term. At $5.46, the stock is likely to face the second major resistance level. The third major resistance level sits at $5.59. If the price goes on to break the first support level at $5.06, it is likely to go to the next support level at $4.93. The third support level lies at $4.79 if the price breaches the second support level.
VNET Group Inc ADR (NASDAQ: VNET) Key Stats
There are 257,398K outstanding shares of the company, which has a market capitalization of 1.36 billion. As of now, sales total 1,044 M while income totals -372,380 K. Its latest quarter income was 302,210 K while its last quarter net income were 45,260 K.
