21Vianet Group, Inc. (VNET) Jumps: Stock Rises 8.2%

By Zacks Investment ResearchStock MarketsDec 13, 2017 08:47PM ET

www.investing.com/analysis/21vianet-group-inc-vnet-jumps-stock-rises-82-200273244

21Vianet Group, Inc. (VNET) Jumps: Stock Rises 8.2%

By Zacks Investment Research | Dec 13, 2017 08:47PM ET

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21Vianet Group (NASDAQ:VNET) was a big mover last session, as the company saw its shares rise more than 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $6.02 to $7.36 in the past one-month time frame.

The company has seen a mixed track record when it comes to estimate revisions of no increase and decrease over the past few weeks, while the Zacks Consensus Estimate for the current quarter has remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

21Vianet currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

21Vianet Group, Inc. Price

21Vianet Group, Inc. Price | 21Vianet Group, Inc. Quote

A better-ranked stock in the Computer and Technology sector is Limelight Networks, Inc. (NASDAQ:LLNW) , which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is VNET going up? Or down? Predict to see what others think: Up or Down.

Zacks Editor-in-Chief Goes "All In" on This Stock

Full disclosure, Kevin Matras now has more of his own money in one particular stock than in any other. He believes in its short-term profit potential and also in its prospects to more than double by 2019. Today he reveals and explains his surprising move in a new Special Report.

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Limelight Networks, Inc. (LLNW): Free Stock Analysis Report

21Vianet Group, Inc. (VNET): Free Stock Analysis Report

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21Vianet Group, Inc. (VNET) Jumps: Stock Rises 8.2%

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