21Vianet Group Inc (VNET) Receives Average Rating of “Hold” from Analysts

21Vianet Group Inc (NASDAQ:VNET) has received a consensus recommendation of “Hold” from the six research firms that are currently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and two have assigned a buy recommendation to the company.

A number of research firms have commented on VNET. BidaskClub cut 21Vianet Group from a “buy” rating to a “hold” rating in a report on Friday, November 30th. Zacks Investment Research cut 21Vianet Group from a “buy” rating to a “hold” rating in a report on Saturday, January 26th. Finally, ValuEngine raised 21Vianet Group from a “sell” rating to a “hold” rating in a report on Wednesday, January 2nd.

21Vianet Group stock traded down $0.05 during trading on Wednesday, reaching $8.32. The company had a trading volume of 4,069 shares, compared to its average volume of 680,092. 21Vianet Group has a 52 week low of $5.01 and a 52 week high of $11.98. The stock has a market cap of $936.44 million, a P/E ratio of -34.83 and a beta of 1.26. The company has a debt-to-equity ratio of 0.54, a quick ratio of 2.15 and a current ratio of 2.13.

A number of large investors have recently bought and sold shares of the business. We Are One Seven LLC purchased a new position in shares of 21Vianet Group during the fourth quarter valued at about $26,000. Quantamental Technologies LLC purchased a new position in shares of 21Vianet Group during the fourth quarter valued at about $29,000. Public Employees Retirement Association of Colorado purchased a new position in shares of 21Vianet Group during the fourth quarter valued at about $54,000. Macquarie Group Ltd. purchased a new position in shares of 21Vianet Group during the fourth quarter valued at about $88,000. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new position in shares of 21Vianet Group during the third quarter valued at about $105,000. 37.65% of the stock is currently owned by institutional investors and hedge funds.

21Vianet Group Company Profile

21Vianet Group, Inc provides carrier-neutral Internet data center services to Internet companies, government entities, blue-chip enterprises, and small-to mid-sized enterprises in the People's Republic of China. It offers hosting and related services to house servers and networking equipment in its data centers, and connects them through a data transmission network; and other hosting related value-added services.

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