Viomi Technology (NASDAQ:VIOT - Get Free Report) was downgraded by analysts at Wall Street Zen from a "buy" rating to a "hold" rating in a report issued on Friday.
Viomi Technology Stock Down 4.3%
Viomi Technology stock traded down $0.06 during mid-day trading on Friday, hitting $1.32. The company's stock had a trading volume of 139,803 shares, compared to its average volume of 200,451. Viomi Technology has a 52-week low of $0.83 and a 52-week high of $2.38. The company has a market cap of $90.05 million, a PE ratio of 22.00 and a beta of 0.16. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.07 and a quick ratio of 1.97. The firm's 50 day moving average is $1.36 and its 200 day moving average is $1.48.
Institutional Trading of Viomi Technology
Institutional investors have recently made changes to their positions in the stock. Acadian Asset Management LLC lifted its position in Viomi Technology by 2.5% in the 1st quarter. Acadian Asset Management LLC now owns 696,888 shares of the company's stock worth $1,073,000 after buying an additional 16,678 shares in the last quarter. Renaissance Technologies LLC increased its stake in shares of Viomi Technology by 50.8% in the fourth quarter. Renaissance Technologies LLC now owns 143,764 shares of the company's stock worth $210,000 after acquiring an additional 48,400 shares during the last quarter. Finally, Virtu Financial LLC acquired a new position in shares of Viomi Technology in the fourth quarter worth $26,000. 1.22% of the stock is currently owned by institutional investors and hedge funds.
About Viomi Technology
(
Get Free Report)
Viomi Technology Co, Ltd, through its subsidiaries, develops and sells Internet-of-things-enabled (IoT-enabled) smart home products in the People's Republic of China. The company offers IoT-enabled smart home products, including smart water purification systems; smart kitchen products, such as refrigerators, oven steamers, dishwashers, range hoods, and gas stoves; and other smart products comprising air conditioning systems, washing machines, water heaters, smart water kettles, sweeper robots, smart locks, and other smart devices, as well as blenders.
Further Reading
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