Viomi Technology (NASDAQ:VIOT) Stock Rating Lowered by Wall Street Zen

Key Points

• Wall Street Zen downgraded Viomi (NASDAQ:VIOT) from "hold" to "sell" and Weiss Ratings reiterated a "sell (d+)," leaving the consensus rating at "Sell."
• VIOT trades around $1.00 (1‑year range $0.92–$4.33) with the 50‑day moving average ($1.23) below the 200‑day ($1.87); the company shows strong liquidity (current ratio 2.60, quick ratio 2.43), very low leverage (debt/equity 0.03) and low institutional ownership (~1.2%).

Viomi Technology (NASDAQ:VIOT - Get Free Report) was downgraded by equities researchers at Wall Street Zen from a "hold" rating to a "sell" rating in a report released on Saturday.

Separately, Weiss Ratings reiterated a "sell (d+)" rating on shares of Viomi Technology in a research note on Wednesday, January 21st. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has a consensus rating of "Sell".

Viomi Technology Price Performance

VIOT stock opened at $1.00 on Friday. The company has a current ratio of 2.60, a quick ratio of 2.43 and a debt-to-equity ratio of 0.03. Viomi Technology has a 1 year low of $0.92 and a 1 year high of $4.33. The stock's fifty day moving average is $1.23 and its two-hundred day moving average is $1.87.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of VIOT. JPMorgan Chase & Co. acquired a new position in shares of Viomi Technology during the second quarter valued at $410,000. Dimensional Fund Advisors LP acquired a new position in shares of Viomi Technology during the third quarter valued at $102,000. Pinpoint Asset Management Singapore Pte. Ltd. acquired a new position in shares of Viomi Technology during the third quarter valued at $200,000. Sei Investments Co. acquired a new position in shares of Viomi Technology during the third quarter valued at $59,000. Finally, Oasis Management Co Ltd. acquired a new position in shares of Viomi Technology during the third quarter valued at $334,000. 1.22% of the stock is owned by institutional investors and hedge funds.

About Viomi Technology

Viomi Technology Co, Ltd. NASDAQ: VIOT is a China-based provider of smart home appliances and Internet of Things (IoT) solutions. The company develops, manufactures and markets a wide range of connected home products, including water purifiers, water dispensers, washing machines, refrigerators, ovens, air conditioners and kitchen appliances. By integrating hardware design with proprietary software and cloud-based services, Viomi delivers automated control, remote monitoring and data analytics to enhance user convenience, energy efficiency and home safety.

At the core of Viomi's offerings is its open IoT platform, which supports device interconnectivity and cross-brand compatibility.

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