VNET Group Inc ADR (VNET) has a current stock price of $8.43. During the previous trading session, the stock witnessed a notable rise, reaching a high of $20.2 after opening at $8.43. The stock’s low for the day was $5.0, and it eventually closed at $9.01.
In terms of market performance, VNET Group Inc ADR had a somewhat regular.
52-week price history of VNET Stock
Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. VNET Group Inc ADR’s current trading price is -47.74% away from its 52-week high, while its distance from the 52-week low is 392.98%. The stock’s price range for this period has remained between $1.71 and $16.13. The Technology sector company’s shares managed to surpass a trading volume of around 7.87 million for the day, which was noticeably higher compared to the shares’ average daily volume of 6.41 million over the last three months.
Financial Performance and Market Capitalization
VNET Group Inc ADR (VNET) has experienced a quarterly rise of 67.93% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.22B and boasts a workforce of 2581 employees.
Analysts’ Ratings For VNET Group Inc ADR
As of right now, 7 analysts are rating VNET Group Inc ADR as a BUY, 5 of the polled analysts branded the stock as an OVERWEIGHT, 0 analyst is recommending to HOLD this stock, 1 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 7.33, with a change in price of -5.12. Similarly, VNET Group Inc ADR recorded 8,212,117 in trading volume during the last 100 days, posting a change of -37.79%.
VNET Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for VNET stands at 3.82. Similarly, the long-term debt-to-equity ratio is also 3.22.
VNET Stock Stochastic Average
As of today, the raw stochastic average of VNET Group Inc ADR over the past 50 days is 76.84%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 75.91%. Additionally, the Stochastic %K and %D values for the company were 83.29% and 87.60%, respectively, over the past 20 days.
VNET Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The index has shown a price gain of 286.70% this year. Over the last six months, there has been a weaker performance of 49.47%. The price of VNET fallen by 54.96% during the last 30 days period. For the last 5-days stocks have improved 6.44%.
