21Vianet Group (VNET) to Release Earnings on Tuesday

21Vianet Group (NASDAQ:VNET) is set to release its earnings data after the market closes on Tuesday, December 5th. Analysts expect 21Vianet Group to post earnings of ($0.12) per share for the quarter.

21Vianet Group (VNET) opened at $7.04 on Monday. 21Vianet Group has a 12-month low of $4.17 and a 12-month high of $8.52. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 0.14.

An institutional investor recently raised its position in 21Vianet Group stock. State Street Corp lifted its stake in 21Vianet Group Inc (NASDAQ:VNET) by 12.8% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 261,883 shares of the information technology services provider’s stock after acquiring an additional 29,720 shares during the quarter. State Street Corp owned 0.23% of 21Vianet Group worth $1,316,000 as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other institutional investors own 19.53% of the company’s stock.

Several brokerages have issued reports on VNET. Morgan Stanley raised shares of 21Vianet Group from an “equal weight” rating to an “overweight” rating and lifted their target price for the stock from $6.30 to $9.50 in a report on Wednesday, October 4th. BidaskClub raised shares of 21Vianet Group from a “strong sell” rating to a “sell” rating in a report on Tuesday, August 8th.

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21Vianet Group Company Profile

21Vianet Group, Inc is a carrier-neutral Internet data center services provider. The Company hosts its customers’ servers and networking equipment and provides interconnectivity. The Company also provides managed network services to enable customers to deliver data across the Internet through its data transmission network and smart routing technology.

Earnings History for 21Vianet Group (NASDAQ:VNET)

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