Shares of 21Vianet Group (VNET) Drops by -1.05%

21Vianet Group (VNET) : During the past 4 weeks, traders have been relatively bearish on 21Vianet Group (VNET), hence the stock is down -17.85% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -2.51% relative to the S&P 500. The 4-week change in the price of the stock is -14.26% and the stock has fallen -1.05% in the past 1 week. The stock has recorded a 20-day Moving Average of 8.67% and the 50-Day Moving Average is 25.94%.

21Vianet Group (NASDAQ:VNET): The stock opened at $9.94 on Friday but the bulls could not build on the opening and the stock topped out at $9.98 for the day. The stock traded down to $9.15 during the day, due to lack of any buying support eventually closed down at $9.44 with a loss of -5.41% for the day. The stock had closed at $9.98 on the previous day. The total traded volume was 2,060,763 shares.


Institutional Investors own 44.34% of 21Vianet Group shares.

21Vianet Group, Inc. is a carrier-neutral Internet data center services provider in China. The Company hosts its customers servers and networking equipment and provides interconnectivity to improve the performance, availability and security of their Internet infrastructure. The Company also provides managed network services to enable customers to deliver data across the Internet in a faster and reliable manner through its data transmission network and smart routing technology. The Company provides complementary Internet infrastructure services, such as content delivery network (CDN) services, virtual private network (VPN) services and last-mile wired broadband services to improve the security, speed and quality of data transmission in China. It offers public cloud services, private cloud and hybrid services. In addition, the Company also offers container-based data center service.

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