Somewhat Favorable News Coverage Somewhat Unlikely to Impact 21Vianet Group (VNET) Stock Price

News coverage about 21Vianet Group (NASDAQ:VNET) has trended somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies negative and positive press coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. 21Vianet Group earned a coverage optimism score of 0.22 on Accern’s scale. Accern also gave media coverage about the information technology services provider an impact score of 45.9373320042765 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Separately, Zacks Investment Research lowered 21Vianet Group from a “buy” rating to a “hold” rating in a research note on Wednesday, May 10th.

Shares of 21Vianet Group (NASDAQ:VNET) traded down 0.22% during trading on Wednesday, hitting $4.59. The stock had a trading volume of 282,001 shares. The stock’s 50 day moving average is $5.20 and its 200-day moving average is $5.98. 21Vianet Group has a 12-month low of $4.43 and a 12-month high of $11.09. The company’s market cap is $519.12 million.

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About 21Vianet Group

21Vianet Group, Inc is a carrier-neutral Internet data center services provider. The Company hosts its customers’ servers and networking equipment and provides interconnectivity. The Company also provides managed network services to enable customers to deliver data across the Internet through its data transmission network and smart routing technology.

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