21Vianet Group Inc (NASDAQ:VNET)’s stock price reached a new 52-week low on Tuesday . The stock traded as low as $6.55 and last traded at $6.55, with a volume of 1400 shares traded. The stock had previously closed at $6.81.
Several research firms have weighed in on VNET. Zacks Investment Research downgraded shares of 21Vianet Group from a “hold” rating to a “sell” rating in a research report on Saturday, November 23rd. BidaskClub downgraded shares of 21Vianet Group from a “sell” rating to a “strong sell” rating in a research report on Friday, November 8th. Finally, TheStreet downgraded shares of 21Vianet Group from a “c-” rating to a “d+” rating in a research report on Tuesday, August 20th.
The company has a market cap of $787.85 million, a PE ratio of -29.21 and a beta of 0.98. The company has a current ratio of 1.74, a quick ratio of 1.74 and a debt-to-equity ratio of 0.72. The firm’s 50-day simple moving average is $7.90 and its two-hundred day simple moving average is $7.70.
About 21Vianet Group (NASDAQ:VNET)
21Vianet Group, Inc provides carrier and cloud-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.
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