stoxline Quote Chart Rank Option Currency Glossary
  
VNET Group, Inc. (VNET)
2.87  -0.02 (-0.69%)    09-13 16:00
Open: 2.91
High: 2.92
Volume: 1,105,812
  
Pre. Close: 2.89
Low: 2.75
Market Cap: 774(M)
Technical analysis
2024-09-14 4:57:58 PM
Short term     
Mid term     
Targets 6-month :  3.62 1-year :  4.22
Resists First :  3.09 Second :  3.62
Pivot price 2.62
Supports First :  2.24 Second :  1.72
MAs MA(5) :  2.9 MA(20) :  2.43
MA(100) :  2.1 MA(250) :  2.27
MACD MACD :  0.2 Signal :  0.2
%K %D K(14,3) :  84.2 D(3) :  88.6
RSI RSI(14): 67.6
52-week High :  3.86 Low :  1.38
Price, MAs and Bollinger Bands

Price has closed below its short-term moving average. Short-term moving average is currently above mid-term; and above long-term moving average. From the relationship between price and moving averages: This stock is NEUTRAL in short-term; and BULLISH in mid-long term.
[ VNET ] has closed below upper band by 31.2%. Bollinger Bands are 121.2% wider than normal. The large width of the bands suggest high volatility as compared to its normal range. The bands have been in this wide range for 10 days. This is a sign that the current trend might continue.

Stock Price Prediction
If tomorrow: Open lower Open higher
High: 2.92 - 2.95 2.95 - 2.96
Low: 2.7 - 2.73 2.73 - 2.74
Close: 2.84 - 2.88 2.88 - 2.9
Company Description

VNET Group, Inc., an investment holding company, provides hosting and related services in China. It offers managed hosting services consisting of managed retail services, such as colocation services that dedicate data center space to house customers' servers and networking equipment, as well as allow customers to lease partial or entire cabinets for their servers; server administration services; interconnectivity services that allow customers to connect their servers; value-added services, including hybrid IT, bare metal, firewall, server load balancing, data backup and recovery, data center management, server management, and backup server services; cloud services that allow customers to run applications over the internet using IT infrastructure; VPN Services that extend customers' private networks by setting up connections through the public internet. The company also provides operating system support and assistance with updates, server monitoring, server backup and restoration, server security evaluation, firewall services, and disaster recovery services; site selection, planning, design, and construction services for wholesale and retail data centers. It serves information technology and cloud services, communications and social networking, gaming and entertainment, e-commerce, automobile, financial services, and blue-chip and small-to-mid-sized enterprises; government agencies; individuals; and telecommunication carriers. As of December 31, 2021, it operated 40 self-built data centers and 64 partnered data centers with 78,540 cabinets under management. The company was formerly known as 21Vianet Group, Inc. and changed its name to VNET Group, Inc. in October 2021. VNET Group, Inc. was founded in 1999 and is headquartered in Beijing, the People's Republic of China.

Headline News

Thu, 12 Sep 2024
VNET Group (NASDAQ:VNET) Shares Down 3.7% - MarketBeat

Tue, 10 Sep 2024
VNET Group (NASDAQ:VNET) Shares Up 3.6% - MarketBeat

Thu, 05 Sep 2024
Citigroup Initiates Coverage of VNET Group, Inc. - Depositary Receipt () (VNET) with Buy Recommendation - Nasdaq

Wed, 04 Sep 2024
Citi sets price target on VNET shares with Buy rating - Investing.com

Thu, 29 Aug 2024
VNET Group, Inc. (NASDAQ:VNET) Q2 2024 Earnings Call Transcript - Insider Monkey

Wed, 28 Aug 2024
VNET Seeing Strong Demand for Wholesale Data Centers Driven by AI - Morningstar

Financial Analysis
Price to Book Value:
P/BV, a ratio used to compare book value to its current market price, to gauge whether a stock is valued properly.
Outperform
Price to Earnings:
PE, the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS).
Neutral
Discounted cash flow:
DCF, a valuation method used to estimate the value of an investment based on its expected future cash flows.
Outperform
Return on Assets:
ROA, indicates how profitable a company is in relation to its total assets, how efficiently uses assets to generate a profit.
Neutral
Return on Equity:
ROE, a measure of financial performance calculated by dividing net income by equity. a gauge of profitability and efficiency.
Neutral
Debt to Equity:
evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn.
Underperform
Stock Basics & Statistics
Exchange:
NASDAQ
Sector:
Technology
Industry:
Information Technology Services
Shares Out 262 (M)
Shares Float 679 (M)
Held by Insiders 9.5 (%)
Held by Institutions 29.3 (%)
Shares Short 8,040 (K)
Shares Short P.Month 8,610 (K)
Stock Financials
EPS -2.4
EPS Est Next Qtrly 0
EPS Est This Year 0
EPS Est Next Year 0
Book Value (p.s.) 22.61
Profit Margin -34.1 %
Operating Margin 9.7 %
Return on Assets (ttm) -0.2 %
Return on Equity (ttm) -38 %
Qtrly Rev. Growth 9.3 %
Gross Profit (p.s.) 0
Sales Per Share 29.33
EBITDA (p.s.) 6.26
Qtrly Earnings Growth 0 %
Operating Cash Flow 1,860 (M)
Levered Free Cash Flow -2,580 (M)
Stock Valuations
PE Ratio -1.21
PEG Ratio -24.9
Price to Book value 0.12
Price to Sales 0.09
Price to Cash Flow 0.4
Stock Dividends
Dividend 0
Forward Dividend 0
Dividend Yield 0%
Dividend Pay Date Invalid DateTime.
Ex-Dividend Date Invalid DateTime.

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