Shares of 21Vianet Group Inc. (NASDAQ:VNET) traded today at $17.35, breaking its 52-week low. So far today approximately 308,000 shares have been exchanged, as compared to an average 30-day volume of 2.1 million shares.
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.
21Vianet Group Inc. (NASDAQ:VNET) has potential upside of 33.3% based on a current price of $17.58 and analysts’ consensus price target of $23.43.
In the past 52 weeks, 21Vianet Group Inc. share prices are bracketed by a current low of $17.35 and a high of $44.45 and is now at $17.58.
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