How to Buy Vnet Group Stock
Vnet Group Inc
VNET Group, Inc. , an investment holding company, provides hosting and related services in China.
Vnet Group stock last closed at $9.85, up 2.71% from the previous day, and has increased 228.33% in one year. It has overperformed other stocks in the Information Technology Services industry by 2.41 percentage points. Vnet Group stock is currently +230.54% from its 52-week low of $2.98, and -38.93% from its 52-week high of $16.13.
At the moment, there are 1.61B VNET shares outstanding. The market capitalization of VNET is $2.65B. In the past 24 hours, 9.1M VNET shares were traded.
How to Buy Vnet Group Stock
Not sure how to invest in Vnet Group stock? Here's how.
- Choose where to buy Vnet Group stock: You need to pick an online brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you decide where to buy Vnet Group stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Fund your brokerage account: Select your payment method and add your details.
- Evaluate Vnet Group stock: The Vnet Group ticker symbol is VNET. Is Vnet Group stock a good investment? Should you buy shares of VNET? How do VNET's underlying business fundamentals look? Do top analysts think Vnet Group is a good buy? Why has VNET's stock price moved recently? (Hint: Our stock analysis website can help you evaluate if VNET is a good stock to buy).
- Make your VNET buy order: Decide if you will purchase VNET shares at the current market price or use a limit order to purchase VNET shares at a particular price.
- Get notifications regarding your VNET investment: Create a watchlist to get live updates on your new investment in Vnet Group shares.
Step 1: Choose where to buy Vnet Group stock
You will need a brokerage account to access the NASDAQ market and buy VNET shares.
Our recommended brokerage: eToro
Based on our experience, eToro is the best online stock brokerage. eToro gives you:
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- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptos.
Get $10 towards your purchase of shares by opening an account with eToro now. This offer is only for US users.
Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen your brokerage, it's time to fill out some personal details so you are able to invest in VNET stock today.
How to Create a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to open a new brokerage account.
- Submit your information by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you've filled out your info on the best stock investing app, you need to deposit funds:
Watch the walkthrough below to see the process of transferring money into your new brokerage account.
Step 4: Evaluate Vnet Group stock
Once you have selected the best place to buy Vnet Group stock, it's absolutely critical to research their stock prior to buying, so you actually comprehend the risk and opportunity.
Overview of key VNET info
VNET Due Diligence Checks
WallStreetZen was created to help average investors do more accurate fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on VNET's stock page.
Is VNET stock undervalued or overvalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge VNET's true value.
Using relative valuations metrics:
- VNET may be overvalued based on its P/E ratio of 394x, relative to Information Technology Services industry P/E ratio of 37.91x
- VNET could be undervalued based on its P/B ratio of 3.08x, relative to Information Technology Services industry P/B ratio of 4.38x
- VNET may be overvalued based on its PEG ratio of 4.15x
You can do more valuation analysis on VNET's stock here.
A look at VNET Cashflows and Balance Sheet
Pros:
- VNET profit margin has gone up from -34.1% to 0.6% in the past year.
Cons:
- VNET has $643.57M in cash and short term investments. This is not sufficient to cover its annual cash burn of $652.83M.
- There are more long-term liabilities than short-term assets on the VNET balance sheet.
- VNET has a relatively high debt to equity ratio of 5.34.
- VNET has cash burn of 652827298. It does not have sufficient cash and short-term investments to cover this.
- There are more short-term liabilities than short-term assets on the VNET balance sheet.
- Total VNET debt is higher than 5 years ago, relative to shareholder equity.
Do Wall Street analysts think it's a good time to buy Vnet Group stock
Out of 1 Equities analysts who give ratings on VNET, the consensus analyst rating on VNET is a Strong Buy
Please keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dive deeper into what analysts are projecting on the Vnet Group stock forecast page.
VNET Momentum
Is VNET Making Money?
Last year, VNET revenue was $1.26B. Over the past 5 year, VNET's revenue has grown by 15.94% per year. This was faster than the Information Technology Services industry average of 4.49%.
You can research VNET's earnings and revenue performance here.
Latest Insiders Trades at VNET
In the past 12 months, insiders at VNET have not bought or sold any shares.
Learn more about who owns VNET stock here.
Does VNET provide a stable income stream?
No, Vnet Group doesn't provide an income stream by paying out dividends.
VNET Social Trading Data
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Make your VNET buy order
You have two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are usually fine. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a specific price, use a limit order.
Press the Open Trade button and eToro will place your order.
If you want additional assistance investing in stocks on eToro, click the helpful video below:
Step 6: Get notifications regarding your VNET investment
Now that you own some VNET stock, you'll want to keep up with your investment.
Make a watchlist to track your VNET stock.
VNET Feed
How to Buy Stock in Vnet Group
To summarize, here are the 6 steps you need to take to buy Vnet Group stock right now:
- Choose where to buy Vnet Group stock
- Create a brokerage account
- Fund your brokerage account
- Evaluate Vnet Group stock
- Make your VNET buy order
- Get notifications regarding your VNET investment
If you need a brokerage account, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get the latest news on your new investment in Vnet Group, add VNET to your watchlist by clicking the button below.
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