Vianet Group (LON:VNET) Releases Quarterly Earnings Results

Vianet Group (LON:VNET) released its quarterly earnings results on Tuesday. The company reported GBX 2.92 ($0.04) earnings per share for the quarter, Digital Look Earnings reports. Vianet Group had a net margin of 5.28% and a return on equity of 2.99%.

Vianet Group Stock Up 3.2%

VNET opened at GBX 82.05 ($1.11) on Wednesday. Vianet Group has a twelve month low of GBX 55 ($0.74) and a twelve month high of GBX 140 ($1.89). The company has a quick ratio of 0.69, a current ratio of 2.34 and a debt-to-equity ratio of 13.30. The company has a 50-day moving average price of GBX 68.02 and a 200 day moving average price of GBX 82.95. The company has a market cap of £23.88 million, a PE ratio of 30.19, a price-to-earnings-growth ratio of 4.65 and a beta of 1.25.

Insider Buying and Selling

In other news, insider James Dickson purchased 40,000 shares of Vianet Group stock in a transaction dated Friday, May 9th. The shares were purchased at an average price of GBX 72 ($0.97) per share, with a total value of £28,800 ($38,882.14). Insiders own 39.91% of the company’s stock.

Vianet Group Company Profile

Vianet Group plc provides data services, actionable management information, and business insights in the United Kingdom, rest of Europe, the United States, and Canada. It operates through two segments: Smart Zones and Smart Machines. The company offers SmartContact, a contactless payment solution; SmartVend, a vending management system; iDraught, a draught beer quality and waste management system; SmartInsight, which provides actionable data and insights through interactive reporting; SmartAcademy which offers a range of e-learning videos and face to face training courses to support the business; and SmartMetrics, a telemetry solution that offers data capture and machine management services.