Shares of Vianet Group PLC (LON:VNET) rose 3.9% on Wednesday . The company traded as high as GBX 133 ($1.74) and last traded at GBX 133.50 ($1.74), approximately 24,863 shares changed hands during trading. An increase of 109% from the average daily volume of 11,913 shares. The stock had previously closed at GBX 128.50 ($1.68).
The business has a 50 day moving average of GBX 120 and a two-hundred day moving average of GBX 125.74. The company has a debt-to-equity ratio of 11.68, a quick ratio of 0.85 and a current ratio of 1.23. The firm has a market capitalization of $37.42 million and a price-to-earnings ratio of 15.17.
In related news, insider James Dickson acquired 45,000 shares of the firm’s stock in a transaction on Thursday, August 22nd. The stock was purchased at an average cost of GBX 120 ($1.57) per share, with a total value of £54,000 ($70,560.56). Also, insider Chris Williams acquired 2,000 shares of the firm’s stock in a transaction on Friday, September 6th. The shares were bought at an average cost of GBX 122 ($1.59) per share, with a total value of £2,440 ($3,188.29).
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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