In the last trading session, 7.77 million shares of the VNET Group Inc ADR (NASDAQ:VNET) were traded, and its beta was 0.15. Most recently the company’s share price was $6.83, and it changed around -$0.13 or -1.87% from the last close, which brings the market valuation of the company to $1.83B. VNET currently trades at a discount to its 52-week high of $16.13, offering almost -136.16% off that amount. The share price’s 52-week low was $1.71, which indicates that the current value has risen by an impressive 74.96% since then.
VNET Group Inc ADR stock received a consensus recommendation rating of Buy, based on a mean score of 1.14. If we narrow it down even further, the data shows that 0 out of 12 analysts rate the stock as a Sell; another 4 rate it as Overweight. Among the rest, 0 recommended VNET as a Hold, whereas 7 deemed it a Buy, and 1 rated it as Underweight.
VNET Group Inc ADR (NASDAQ:VNET) trade information
Instantly VNET has showed a red trend with a performance of -1.87% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 7.32 on recent trading dayincreased the stock’s daily price by 6.69%. The company’s shares are currently up 44.09% year-to-date, but still up 20.67% over the last five days. On the other hand, VNET Group Inc ADR (NASDAQ:VNET) is 6.89% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $7, which translates to bulls needing to increase their stock price by 2.43% from its current value. Analyst projections state that VNET is forecast to be at a low of $7 and a high of $7.
VNET Group Inc ADR earnings are expected to increase by 84.38% in 2025, but the outlook is positive 80.45% per year for the next five years.
VNET Dividends
VNET Group Inc ADR’s next quarterly earnings report is expected to be released in June.
BLACKSTONE INC., with 3.9796% or 10.4 million shares worth $21.84 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
VANGUARD STAR FUNDS-Vanguard Total International Stock Index Fund and VANGUARD Intl Eqy. INDEX Fd.S-Vanguard Emerging Markets Stock Index Fd were the top two Mutual Funds as of Jan 31, 2025 . The former held 1.89 shares worth $12.91 million, making up 0.72% of all outstanding shares. On the other hand, VANGUARD Intl Eqy. INDEX Fd.S-Vanguard Emerging Markets Stock Index Fd held roughly 1.65 shares worth around $11.29 million, which represents about 0.63% of the total shares outstanding.
