VNET Group Inc ADR (VNET) concluded trading on Thursday at a closing price of $8.94, with 8.46 million shares of worth about $75.66 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 396.67% during that period and on February 06, 2025 the price saw a gain of about 5.05%. Currently the company’s common shares owned by public are about 261.84M shares, out of which, 248.47M shares are available for trading.
Stock saw a price change of 19.52% in past 5 days and over the past one month there was a price change of 72.59%. Year-to-date (YTD), VNET shares are showing a performance of 88.61% which increased to 529.58% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.42 but also hit the highest price of $8.56 during that period. The average intraday trading volume for VNET Group Inc ADR shares is 3.52 million. The stock is currently trading 34.39% above its 20-day simple moving average (SMA20), while that difference is up 73.40% for SMA50 and it goes to 176.62% higher than SMA200.
VNET Group Inc ADR (NASDAQ: VNET) currently have 261.84M outstanding shares and institutions hold larger chunk of about 25.64% of that.
The stock has a current market capitalization of $2.34B and its 3Y-monthly beta is at 0.17. It has posted earnings per share of -$2.11 in the same period. It has Quick Ratio of 0.83 while making debt-to-equity ratio of 2.60. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for VNET, volatility over the week remained 11.13% while standing at 9.29% over the month.
Stock’s fiscal year EPS is expected to rise by 118.33% while it is estimated to decrease by -73.60% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Goldman on November 29, 2024 offering a Buy rating for the stock and assigned a target price range of between $3.10 and $5 to it. Coverage by HSBC Securities stated VNET Group Inc ADR (VNET) stock as a Buy in their note to investors on October 09, 2024, suggesting a price target of $5.20 for the stock. On March 19, 2024, BofA Securities Upgrade their recommendations, while on July 07, 2023, BofA Securities Resumed their ratings for the stock with a price target of $3.40. Stock get a Hold rating from HSBC Securities on June 12, 2023.
