Vianet Group (LON:VNET) Trading Down 1.9%

Vianet Group PLC (LON:VNET) dropped 1.9% on Wednesday . The company traded as low as GBX 150.50 ($1.97) and last traded at GBX 152 ($1.99), approximately 24,273 shares traded hands during trading. An increase of 104% from the average daily volume of 11,913 shares. The stock had previously closed at GBX 155 ($2.03).

The stock has a market capitalization of $44.16 million and a price-to-earnings ratio of 17.27. The company has a current ratio of 1.23, a quick ratio of 0.85 and a debt-to-equity ratio of 11.68. The stock has a 50-day moving average price of GBX 140.62 and a 200 day moving average price of GBX 130.08.

In other Vianet Group news, insider Chris Williams bought 2,000 shares of the stock in a transaction on Friday, September 6th. The shares were bought at an average price of GBX 122 ($1.59) per share, with a total value of £2,440 ($3,188.29).

Vianet Group Company Profile (LON:VNET)

Vianet Group plc engages in the design, development, sale, and rental of fluid monitoring and machine monitoring equipment for the leisure and vending sectors in the United Kingdom, rest of Europe, the United States, and Canada. It operates through Smart Zones and Smart Machines segments. The company also provides data insights and related services; and management information and business insights through combining data from smart Internet of Things solutions and external information sources.

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