21Vianet Group, Inc. (NASDAQ:VNET) [Trend Analysis] hangs on to mix trends, as shares trade at $13.77 by jumped up 6.09% with volume of 2.06 Million shares that was impressive than its average volume of 1390.81 shares.
21Vianet Group, Inc. (VNET) released that its unaudited financial results for Q1 of 2016. Gross profit for Q1 of 2016 was RMB169 million (US$26.2 million), compared with RMB230.3 million in the comparative period in 2015. Gross margin for the first quarter of 2016 was 19.6%, compared with 26.8% in the comparative period in 2015. The decrease in gross margin was primarily due to higher spending on telecommunication services and continued softness in the Company’s MNS business. Net revenues increased to RMB862.3 million (US$133.7 million) from RMB860.1 million in the comparative period in 2015.
Total operating expenses decreased to RMB254.5 million (US$39.5 million) in the first quarter of 2016 from RMB274.6 million in the comparative period in 2015. Adjusted operating expenses, which exclude share-based compensation expenses and the changes in the fair value of contingent purchase consideration payable, increased to RMB219.5 million (US$34.0 million) from RMB209.4 million in the comparative period in 2015.
Noting a main crunch of analyst research by WSJ, VNET under observation of quarterly per share earnings, it has second quarter 2016 trend of $-0.16, while in next quarter estimated EPS trend is $-0.16 and for annual basis for 2016 estimated EPS is $-0.63. Relatively pool of WSJ analyst issues diverse rating, as for current level it has 1 experts rated as “BUY” security, no body analyst recommend as “Overweight,” and 2 experts rated as “Hold”.
As the revenues measures, firm has operation margin of -7.80% in the following twelve months with net profit margin of negative -11.80%. The Company showed a negative -11.80% in the net profit margin and in addition to in its operating margin which remained -7.80%. Company’s annual sales growth for the past five year was 47.20%.
21Vianet Group, Inc. (NASDAQ:VNET) presented weekly performance of -4.90% with respect to its rate of return and it remained -32.30% for the month. However, the performance for a quarter experienced change of -23.41% and its performance for a year is -22.34% and its year to date performance remained in red with -34.86%. The stock price volatility was 7% for a week and 6.99% for a month as well as price volatility’s Average True Range for 14 days was 0.96 and its beta remained 1.12.
Current stock price is in the upbeat territory taking into account of 20 days moving average with -15.33% and continued bullish run for 50 days moving average with -26.38%. Its earnings per share for the past twelve months were -0.20%. Company’s beta coefficient was at 1.12. Beta measures the amount of market risk associated with market trade.