VNET | VNET Group, Inc. Stock Overview

(Stock Exchange: NASDAQ)

Day's Range	3.31 - 3.56
52 Week Range	1.3900 - 4.50
Beta	-0.21
Implied Volatility	96.04%
IV Rank	16.95%
Day's Volume	771,200
Average Volume	1,632,782
Shares Outstanding	258,080,837
Market Cap	869,732,421
Sector	Technology
Industry	Information Technology Services
IPO Date	2011-04-21

Valuation
Profitability
Growth
Health
P/E Ratio	-1.41
Forward P/E Ratio	-12.56
EPS	-2.39
1YR Price Target	20.12
Dividend Yield	N/A
Dividend Per Share	N/A
Dividend ExDate	N/A
Dividend PayDate	N/A
Employees	3,038
Country	China
Website	VNET

Vnet started as AsiaCloud in 1999, subsequently it moved to the data center business with its first self-developed data center opening in 2010. The company listed (as 21Vianet) on the Nasdaq in April 2011, subsequently changing its name to Vnet Group in 2021. It originally focused on providing data center services such as colocation and cloud services to retail clients in China but added hyperscale customers in 2019 and now counts large Chinese hyperscalers such as Alibaba Cloud, Tencent Cloud, Huawei Cloud and JD Cloud as customers. At the end of December 2021 it had 78,540 self-built cabinets with the majority in Beijing, Shanghai, and the Greater Bay area.

VNET's peers: BTCM, CLVT, GDS, CD, WNS, TWKS, CACI, EXLS, TASK, G, TTEC, ASGN, PRFT, CDW, JKHY, BR

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Analyzing fundamentals for VNET we got that it has weak fundamentals where Valuation is considered to be significantly overvalued, Profitability is unacceptably poor, Growth is bad and Health is frighteningly weak. For more detailed analysis please see VNET Fundamentals page.

Watching at VNET technicals we can see that long-term trend is bullish, the same as bullish middle-term trend, but short-term trend is bearish. More technicals details can be found on VNET Technicals page.