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VNET Company Profile and Key Details

NASDAQ : VNET

VNET Group

$7.32
1.03+16.38%
At Close 4:00 PM
66.33
BESG ScoreESG Rating

Price Chart

Stock Price Today

VNET Group, Inc. (VNET) stock surged +16.38%, trading at $7.32 on NASDAQ, up from the previous close of $6.29. The stock opened at $6.44, fluctuating between $6.37 and $7.46 in the recent session.

Stock Snapshot

6.29
Prev. Close
2.05B
Market Cap
6.37
Day Low
-6.14
P/E Ratio
-1.19143
EPS (TTM)
-6.08
Cash Flow per Share
6.44
Open
279.56M
Number of Shares
7.46
Day High
96.03%
Free Float in %
39.15
Book Value
6.98M
Volume

Relevant Articles

SEC Fillings

Current Report (8-k)

Filing DateAccepted Date

Annual Report (10-k)

Filing DateAccepted Date

Stock Price History Chart

DateOpenHighLowCloseVolume
Jul 30, 20266.437.466.377.326.98M
Jul 29, 20266.756.756.176.295.13M
Jul 28, 20266.966.966.546.756.89M
Jul 27, 20267.407.427.067.173.46M
Jul 24, 20267.697.807.207.214.04M
Jul 23, 20267.817.957.657.772.05M
Jul 22, 20267.677.987.677.822.21M
Jul 21, 20267.757.897.657.712.3M
Jul 20, 20267.607.907.607.683.28M
Jul 17, 20267.347.557.107.394.85M
Jul 16, 20267.927.957.707.721.4M
Jul 15, 20267.868.217.797.882.24M
Jul 14, 20267.867.907.677.751.76M
Jul 13, 20267.907.917.677.722.49M
Jul 10, 20268.148.348.008.012.17M
Jul 09, 20268.338.358.018.053.28M
Jul 08, 20267.958.467.958.335.39M
Jul 07, 20267.968.027.607.713.95M
Jul 06, 20268.068.177.797.814.24M
Jul 02, 20268.148.617.697.9210.65M

Contact Details

Beijing, BE 100016

China

https://ir.vnet.com861 084 562121

About Company

VNET Group, Inc. operates as an investment holding company, delivering a comprehensive suite of hosting and digital infrastructure services throughout China. Its core offerings encompass managed hosting, featuring services such as colocation – where clients can house their servers and networking equipment within dedicated data center space or by leasing partial or entire cabinets. This is complemented by server administration and interconnectivity solutions. Beyond these fundamental services, VNET provides an array of value-added options, including hybrid IT integration, bare metal server provisions, robust firewall protection, server load balancing, advanced data backup and recovery, as well as extensive data center and server management services. The company also offers cloud computing services, enabling customers to deploy and run applications over the internet utilizing VNET's IT infrastructure, alongside secure VPN services to extend private networks via public internet connections. Operational support from VNET includes operating system maintenance and updates, continuous server monitoring, backup and restoration capabilities, server security evaluations, and disaster recovery planning. Furthermore, the company possesses expertise in data center development, offering services from site selection and planning to the design and construction of both wholesale and retail facilities. VNET caters to a broad and diverse clientele, spanning sectors such as information technology and cloud services, telecommunications carriers, social networking platforms, gaming and entertainment industries, e-commerce businesses, automotive companies, financial services institutions, government agencies, blue-chip enterprises, small-to-mid-sized businesses, and even individual users. As of December 31, 2021, VNET boasted significant operational scale, managing 78,540 cabinets across 40 proprietary data centers and 64 facilities operated in partnership. Established in 1999 and headquartered in Beijing, People's Republic of China, the company was previously known as 21Vianet Group, Inc. before officially rebranding to VNET Group, Inc. in October 2021.

Company Information

Employees2784
Beta0.28
Sales or Revenue$7.41B
5Y Sales Change%0.632%
Fiscal Year EndsDecember
SectorTechnology
IndustryInformation Technology Services

Frequently Asked Questions

What is the current VNET Group, Inc. (VNET) stock price?
VNET Group, Inc. (NASDAQ: VNET) stock price is $7.32 in the last trading session. During the trading session, VNET stock reached the peak price of $7.46 while $6.37 was the lowest point it dropped to. The percentage change in VNET stock occurred in the recent session was 16.38% while the dollar amount for the price change in VNET stock was $1.03.
VNET's industry and sector of operation?
The NASDAQ listed VNET is part of Information Technology Services industry that operates in the broader Technology sector. VNET Group, Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.
Who are the executives of VNET?
Mr. Jeff Dong
Pres & Chief Executive Officer
Mr. Sheng Chen
Co-Founder & Executive Chairman
Mr. Jie Dong
Chief Executive Officer
Mr. Qiyu Wang
Chief Financial Officer
Xinyuan Liu
Director of Investor Relations
Mr. Wing-Dar Ker
Senior Vice President
Mr. Qihang Liu
Senior Vice President & Chief Executive Officer of VNET Blue Cloud
Mr. Liang Zhao
Head of Design Department
Mr. Chenggang Shen
Senior Vice President and GM of East & South China Bus.
How VNET did perform over past 52-week?
VNET's closing price is 18.64% higher than its 52-week low of $6.17 where as its distance from 52-week high of $14.48 is -49.45%.
How many employees does VNET have?
Number of VNET employees currently stands at 2,784.
Link for VNET official website?
Official Website of VNET is: https://ir.vnet.com
How do I contact VNET?
VNET could be contacted at phone 861 084 562121 and can also be accessed through its website. VNET operates from Guanjie Building, Beijing, BE 100016, China.
How many shares of VNET are traded daily?
VNET stock volume for the day was 6.98M shares. The average number of VNET shares traded daily for last 3 months was 7.24M.
What is the market cap of VNET currently?
The market value of VNET currently stands at $2.05B with its latest stock price at $7.32 and 279.56M of its shares outstanding.
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