How have the shares performed?


A Backdoor Way To Profit From Today’s Crypto Bull Market

Even if you’re not actively in crypto, you deserve to know what’s actually going on...

Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.

Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free. .

Sponsored


21Vianet Group Inc. (VNET) saw downtrend of -5.15% in the recent trading with $37.76 being its most recent. The current price level -15.05% lower than the highest price of $44.45 marked by the stock while trading over the past 52-weeks, whereas it is 304.28% higher than the lowest price of $9.34 the company dropped to over past 52-weeks. The latest news story on VNET appeared in Simply Wall St. under the title “Analysts Expect Breakeven For 21Vianet Group, Inc. (NASDAQ:VNET) Before Long” on Jan-28-21.

Get the hottest stocks to trade every day before the market opens 100% free. Click here now. 

Squeezing the time span to 30 day period shows us the stock is currently trading -15.05% below one month high and is +9.04% above of the lowest during that time. Looking into the simple moving average, 21Vianet Group Inc. (VNET)’s stock stands at a SMA-50 of $36.61 while that of 5-day is reading $39.95.

Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and VNET’s SMA-200 as of now is $25.72.

Do analysts rate it as a buy, sell or hold?

Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Strong Buy by 11 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 1.50 for the stock.

21Vianet Group Inc. Earnings – What Happened With VNET

Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. 21Vianet Group Inc. (VNET) last released financial results for the quarter that ended 9/29/2020, posting a surprise factor of 333.30% for net revenue. During the reported three-month period, company’s sales were $180.07 billion while analysts on average were estimating the same to be $197.98 million.

VNET – 21Vianet Group Inc. Stock Earnings Estimates

The perspective of 21Vianet Group Inc. (NASDAQ:VNET)’s current quarter earnings identifies that analysts are in consensus over the estimate of -0.03 for stock’s EPS in the current quarter. 1 analysts covering the stock at Wall Street were agreed upon that EPS consensus. Company’s EPS for the last quarter was 0.07.

Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 119.40 million. VNET does have institutional investors; and they hold 82.10% of the stock.

21Vianet Group Inc. – Insider Activity and Holdings

As on Sep 29, 2020, Morgan Stanley was the top most holder in 21Vianet Group Inc. (NASDAQ:VNET) with an ownership of 6.85 million shares of the company or 6.49% of the stake worth $158.72 million. The filing also reveals FIL LTD as the second largest holder in the company with a control over 4.60% of the outstanding shares. Its stake is worth $168.44 million for having 4.86 million shares in hand.

TT International Asset Management LTD also came holding a key position in the company during the recent quarter and it now holds 3.54% of the outstanding shares. With this there are now 198 institutions which have possession in VNET’s shares.

Currently, the stock has been recommended as Strong Buy by 11 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 1.50 for the stock.

The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, current ratio recorded by 21Vianet Group Inc. was 1.17 while posting a debt to equity ratio of 1.03. The count was 73.01 for long-term debt to equity ratio.

21Vianet Group Inc.’s return on equity, or ROE, is -45.10%, compared to the industry average of 4.65% for Technology – Information Technology Services. Although this indicates that VNET fails to use its equity well, the metric will vary significantly depending on the industry.

Technical Analysis of 21Vianet Group Inc. (NASDAQ:VNET) stock

Get the hottest stocks to trade every day before the market opens 100% free. Click here now. 

To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for 21Vianet Group Inc. (VNET), we notice that the stock’s 20-day average volume is at 2,192,805 shares and 50% of short term indicators are suggesting the stock as Buy. Medium term indicators at an average of 100% are spotting the stock at Buy with its 50-day average volume of 2,138,386 shares. And to end, VNET’s 100-day average volume is 1,790,605 shares with 100% of the long-term indicators pointing towards Buy for the stock.

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

LEAVE A REPLY

Please enter your comment!
Please enter your name here