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 $6.29, up 11.13% from the previous day, and has increased 272.19% in one year. It has overperformed other stocks in the Information Technology Services industry by 2.7 percentage points. Vnet Group stock is currently +267.84% from its 52-week low of $1.71, and -61% from its 52-week high of $16.13.
At the moment, there are 1.58B VNET shares outstanding. The market capitalization of VNET is $1.66B. In the past 24 hours, 8.3M 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
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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 69.89x, relative to Information Technology Services industry P/E ratio of 26.41x
- VNET could be undervalued based on its P/B ratio of 1.91x, relative to Information Technology Services industry P/B ratio of 4.84x
- VNET may be overvalued based on its PEG ratio of 1.17x
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 -35.7% to 2.2% in the past year.
Cons:
- VNET has $278.83M in cash and short term investments. This is not sufficient to cover its annual cash burn of $371.57M.
- 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 4.
- VNET has cash burn of 371566621. 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 2 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 earnings were $25.06M. Over the past 3 year, VNET's earnings have grown by -94.03% per year. This was slower than the Information Technology Services industry average of 7.97%.
Last year, VNET revenue was $1.13B. During the last five year, VNET's revenue has gone up by 15.89% per year. This was faster than the Information Technology Services industry average of 4.64%.
Dive into VNET's earnings and revenue performance here.
What are VNET insiders up to?
In the last year, executives and large shareholders at VNET have not bought or sold any shares.
Research more about who owns VNET shares 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 reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Make your VNET buy order
There are two main options:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are mostly fine. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at an exact dollar amount limit, place a limit order.
Click the Open button and eToro will execute the order.
If you need additional help with investing in stocks on eToro, watch the how to video below:
Step 6: Get notifications regarding your VNET investment
Now that you own some shares in VNET, you'll want to stay up-to-date on your investment.
Create a watchlist to keep track of your VNET stock.
VNET Feed
How to Buy Stock in Vnet Group
To summarize, here are the 6 steps to buy stock in Vnet Group:
- 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 are looking for a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you want to monitor your investment in Vnet Group, get started below.
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