21Vianet Group Inc. (NASDAQ:VNET) traded today at a new 52-week low of $14.37. This new low was reached on below average trading volume as 308,000 shares traded hands, while the average 30-day volume is approximately 2 million shares.
In the past 52 weeks, shares of 21Vianet Group Inc. have traded between the current low of $14.37 and a high of $44.45 and is now at $14.43.
21Vianet Group Inc is a carrier-neutral internet data center services provider in China. It provides managed network services to enable customers to deliver data across the internet in a reliable manner through its data transmission network. It also offers value-added services, such as VPN (virtual private network) services, CDN (content delivery network) services, and last-mile wired broadband services to improve the security, speed, and quality of data transmission. The company operates through one segment Hosting and related services. It generates all of its revenue from China.
Potential upside of 25.3% exists for 21Vianet Group Inc., based on a current level of $14.43 and analysts’ average consensus price target of $18.08.
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