VNET Group Inc ADR [VNET] stock is trading at $4.23, up 9.02%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The VNET shares have gain 12.80% over the last week, with a monthly amount glided 28.96%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
VNET Group Inc ADR [NASDAQ: VNET] stock has seen the most recent analyst activity on November 29, 2024, when Goldman upgraded its rating to a Buy and also boosted its price target to $5 from $3.10. Previously, HSBC Securities upgraded its rating to Buy on October 09, 2024, and kept the price target unchanged to $5.20. On March 19, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $2.70 on the stock. HSBC Securities downgraded its rating to a Hold and reduced its price target to $2.90 on June 12, 2023. Credit Suisse downgraded its rating to Neutral for this stock on September 01, 2022, and downed its price target to $5.90. In a note dated May 25, 2022, Goldman upgraded an Neutral rating on this stock but restated the target price of $6.50.
VNET Group Inc ADR [VNET] stock has fluctuated between $1.39 and $4.50 over the past year. Currently, Wall Street analysts expect the stock to reach $6.48 within the next 12 months. VNET Group Inc ADR [NASDAQ: VNET] shares were valued at $4.23 at the most recent close of the market. An investor can expect a potential return of 53.19% based on the average VNET price forecast.
Analyzing the VNET fundamentals
VNET Group Inc ADR [NASDAQ:VNET] reported sales of 1.10B for the trailing twelve months, which represents a growth of 13.64%. Gross Profit Margin for this corporation currently stands at 0.2% with Operating Profit Margin at -0.22%, Pretax Profit Margin comes in at -0.25%, and Net Profit Margin reading is -0.28%. To continue investigating profitability, this company’s Return on Assets is posted at -0.08, Equity is -0.37 and Total Capital is -0.08. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.7.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 4.01 points at the first support level, and at 3.79 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.35, and for the 2nd resistance point, it is at 4.47.
Ratios To Look Out For
For context, VNET Group Inc ADR’s Current Ratio is 0.83. Also, the Quick Ratio is 0.83, while the Cash Ratio stands at 0.18. Considering the valuation of this stock, the price to sales ratio is 0.99, the price to book ratio is 1.23.
