Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. VNET Group Inc ADR’s current trading price is 5.00% away from its 52-week high, while its distance from the 52-week low is 353.24%. The stock’s price range over this period has fluctuated between $1.39 and $6.00. The company, operating within the financial sector, had a trading volume of approximately 6.08 million for the day, which was noticeably higher than the average daily share volume of 2.59 million over the last 3 months.
VNET Group Inc ADR experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $6.00 on 01/21/25, while the lowest price for the same period was registered at $1.39 on 02/05/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
VNET Group Inc ADR (VNET) has experienced a quarterly rise of 79.49% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.65B and boasts a workforce of 3038 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 3.82, with a change in price of +4.22. Similarly, VNET Group Inc ADR recorded 2,451,082 in trading volume during the last 100 days, posting a change of +202.88%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to 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
Today’s raw stochastic average for VNET Group Inc ADR over the last 50 days is 94.72%.This indicates a increase from the raw stochastic average of the past 20 days, which was 94.24%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 87.33% and 85.11%, respectively.
VNET Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Year to date metric has recorded a gain of 32.91%.However, over the last six months, we can see a weaker performance of 201.44%. Over the last 30 days, the price of VNET has fallen by 59.90%. And in the last five days, it has surged by 24.02%.