21Vianet Group Inc. [VNET] shares are up more than 180.62% this year and recently decreased -0.03% or -$0.67 to settle at $22.79. VNET has a short ratio of 1.54. This implies that the market is currently less bearish on the outlook for VNET.

On 31, August 2020, 21Vianet Announces Full Exercise of Underwriters’ Option to Purchase Additional ADSs. According to news published on Yahoo Finance, 21Vianet Group, Inc. (“21Vianet” or the “Company”) (Nasdaq: VNET), a leading carrier-neutral and cloud-neutral data center services provider in China, today announced that the underwriters of its previously announced follow-on offering (the “Follow-on Offering”) have exercised in full their option to purchase an additional 2,550,000 American depositary shares (“ADSs”) from 21Vianet at the public offering price of US$20.75 per ADS. Each ADS represents six of the 21Vianet’s Class A ordinary shares.

Analyst Birdseye View:

The most recent analyst activity for 21Vianet Group Inc. [NASDAQ:VNET] stock was on July 14, 2020, when it was Initiated with a Buy rating from UBS, which also raised its 12-month price target on the stock to $32. Before that, on September 28, 2020, BofA Securities Recapitulated a Buy rating and elevated its amount target to $35. On June 09, 2020, Credit Suisse Resumed an Outperform rating and boosted its price target on this stock to $20. On April 21, 2020, Goldman Initiated a Buy rating and increased its price target to $17.80. On October 03, 2018, Jefferies Initiated a Buy rating and increased its price target to $14.20. On October 04, 2017, Morgan Stanley Upgrade an Overweight rating. On January 17, 2017, Morgan Stanley Upgrade an Equal-weight rating. Stifel elevated its amount target by recapitulating a higher weight for this stock.

In the past 52 weeks of trading, this stock has oscillated between a low of $6.31 and a peak of $30.44. Right now, according to Wall Street analyst the average 12-month amount target is $228.25. At the most recent market close, shares of 21Vianet Group Inc. [NASDAQ:VNET] were valued at $22.79. According to the average price forecast, investors can expect a potential return of 84.97%.

FUNDAMENTAL ANALYSIS

21Vianet Group Inc. [NASDAQ:VNET] most recently reported quarterly sales of 161.4 billion, which represented growth of 28.80%. This publicly-traded organization’s revenue is $238,929 per employee, while its income is -$11,495 per employee. This company’s Gross Margin is currently 22.90%, its Operating Margin is 4.30%, its Pretax Margin is -3.31, and its Net Margin is -4.81. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at -1.44, -3.63, 1.82 and -2.20 respectively.

The Principal structure of this organization shows its whole liability to whole principal at 52.44 and the whole liability to whole assets at 38.26. It shows enduring liability to the whole principal at 34.72 and enduring liability to assets at 0.25 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 23.07 points at 1st support level, the second support level is making up to 22.69. But as of 1st resistance point, this stock is sitting at 23.67 and at 23.89 for 2nd resistance point.

21Vianet Group Inc. [VNET] reported its earnings at -$2.88 per share in the fiscal quarter closing of 6/29/2020. The Analysts for Wall Street were expecting to report its earnings at -$0.04/share signifying the difference of -2.84 and -7,100.00% surprise value.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for 21Vianet Group Inc. [NASDAQ:VNET] is 1.50. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.59. Now if looking for a valuation of this stock’s amount to sales ratio it’s 1.47 and it’s amount to book ratio is 1.16.