VNET Group Inc ADR (NASDAQ: VNET)’s Stock Performance and Outlook

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In the last trading session, 1.14 million VNET Group Inc ADR (NASDAQ:VNET) shares changed hands as the company’s beta touched -0.31. With the company’s per share price at $1.61 changed hands at -$0.13 or -7.47% during last session, the market valuation stood at $406.09M. VNET’s last price was a discount, traded about -140.99% off its 52-week high of $3.88. The share price had its 52-week low at $1.39, which suggests the last value was 13.66% up since then. When we look at VNET Group Inc ADR’s average trading volume, we note the 3-month average coming to 2.13 million.

VNET Group Inc ADR (NASDAQ:VNET) trade information

Instantly VNET was in red as seen at the end of in last trading. With action -8.52%, the performance over the past five days has been red. The drop to weekly highs of 1.9000 subtracted -7.47% to the stock’s daily price. The company’s shares are showing year-to-date downside of -43.90%, with the 5-day performance at -8.52% in the red. However, in the 30-day time frame, VNET Group Inc ADR (NASDAQ:VNET) is -17.22% down.

VNET Group Inc ADR (VNET) estimates and forecasts

Data shows that the VNET Group Inc ADR share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -45.79% over the past 6 months, a 97.33% in annual growth rate that is considerably higher than the industry average of 15.00%. Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -55.24%. The 2024 estimates are for VNET Group Inc ADR earnings to increase by 68.83%, but the outlook for the next 5-year period is at 11.60% per year.