The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. This year’s metric has recorded a Price increase of 30.66%. However, over the past six months, we’ve seen a weaker performance of 109.50%. The price of VNET fallen by 13.29% over the last 30 days. And in the last five days, it has surged by 8.70%.
The market performance of VNET Group Inc ADR’s stock has been harmonious in recent times. Over the last year, the company’s stock reached its highest point at $4.50 on 10/02/24, while the lowest value for the same duration was $1.39 on 02/05/24.
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52-week price history of VNET Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. VNET Group Inc ADR’s current trading price is -16.67% away from its 52-week high, while its distance from the 52-week low is 169.78%. The stock’s price range during this period has varied between$1.39 and $4.50. The VNET Group Inc ADR’s shares, which operate in the Technology, saw a trading volume of around 4.9 million for the day, a figure considerably higher than their average daily volume of 1.93 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
VNET Group Inc ADR (VNET) has experienced a quarterly rise of 80.29% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 967.80M and boasts a workforce of 3038 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 2.90, with a change in price of +1.48. Similarly, VNET Group Inc ADR recorded 1,544,035 in trading volume during the last 100 days, posting a change of +65.20%.
VNET’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for VNET stands at 2.60. Similarly, the long-term debt-to-equity ratio is also 2.15.
VNET Stock Stochastic Average
As of today, VNET Group Inc ADR’s raw stochastic average for the last 50 days stands at 58.90%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 44.25%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 74.94% and 75.60%, respectively.
