Witnessing the stock’s movement on the chart, on Wednesday, VNET Group Inc ADR (NASDAQ: VNET) had a quiet start as it plunged -4.52% to $9.09, before settling in for the price of $9.52 at the close. Taking a more long-term approach, VNET posted a 52-week range of $3.52-$16.13.
Nevertheless, stock’s Earnings Per Share (EPS) this year is -445.96%. This publicly-traded company’s shares outstanding now amounts to $263.90 million, simultaneously with a float of $253.49 million. The organization now has a market capitalization sitting at $2.40 billion. At the time of writing, stock’s 50-day Moving Average stood at $9.42, while the 200-day Moving Average is $8.16.
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 3.94%, in contrast to 50.07% institutional ownership.
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 0.90. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.81.
In the same vein, VNET’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.29, a figure that is expected to reach -0.06 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 2.12 million was inferior to the volume of 7.16 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 78.49% While, its Average True Range was 51.13.
Raw Stochastic average of VNET Group Inc ADR (VNET) in the period of the previous 100 days is set at 41.47%, which indicates a major fall in contrast to 74.60% 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 0.47 that was lower than 0.58 volatility it exhibited in the past 100-days period.
