VNET Group Inc ADR (NASDAQ: VNET) on Tuesday, plunged -6.93% from the previous trading day, before settling in for the closing price of $8.66. Within the past 52 weeks, VNET’s price has moved between $2.46 and $16.13.
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The company achieved an average annual earnings per share of -20.64%. With a float of $253.41 million, this company’s outstanding shares have now reached $263.90 million.
VNET Group Inc ADR (VNET) Insider and Institutional Ownership
Observing investor behavior towards Information Technology Services industry stocks is more important than anything else. The insider ownership of VNET Group Inc ADR is 3.97%, while institutional ownership is 43.48%. The most recent insider transaction that took place on Mar 17 ’25, was worth 118,376,239.
VNET Group Inc ADR (VNET) Latest Financial update
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 1.12 earnings per share (EPS) for the period topping the consensus outlook (set at 0.23) by 0.88. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.16 per share during the current fiscal year.
VNET Group Inc ADR (NASDAQ: VNET) Trading Performance Indicators
VNET Group Inc ADR (VNET) is currently performing well based on its current performance indicators. A quick ratio of 0.97 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.70.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.02, a number that is poised to hit -0.01 in the next quarter and is forecasted to reach 0.04 in one year’s time.
Technical Analysis of VNET Group Inc ADR (VNET)
Let’s dig in a bit further. During the last 5-days, its volume was 7.32 million. That was inferior than the volume of 7.82 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 63.64%.
During the past 100 days, VNET Group Inc ADR’s (VNET) raw stochastic average was set at 71.49%, which indicates a significant increase from 42.25% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.57 in the past 14 days, which was higher than the 0.47 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.78, while its 200-day Moving Average is $7.03. However, in the short run, VNET Group Inc ADR’s stock first resistance to watch stands at $8.40. Second resistance stands at $8.73. The third major resistance level sits at $8.98. If the price goes on to break the first support level at $7.82, it is likely to go to the next support level at $7.57. The third support level lies at $7.24 if the price breaches the second support level.
VNET Group Inc ADR (NASDAQ: VNET) Key Stats
Market capitalization of the company is 2.13 billion based on 268,928K outstanding shares. Right now, sales total 1,131 M and income totals 25,100 K. The company made 339,800 K in profit during its latest quarter, and -1,660 K in sales during its previous quarter.
