Viomi Technologies (NASDAQ: VIOT - Get Rating) announced its quarterly earnings results on Friday. The company reported ($ 0.60) earnings per share for the quarter, missing consensus analysts ’estimates of $ 1.86 for ($ 2.46), Fidelity Earnings reports. Viomi Technologi had a return on equity of 8.27% and a net margin of 1.66%. During the same quarter last year, the company earned $ 0.13 in EPS. Viomi Technologies has updated its guidelines for the second quarter of 2022 on EPS.
Shares of VIOT fell $ 0.13 during trading on Friday, reaching $ 1.47. 248,495 shares of the company were exchanged, compared to an average volume of 55,152. The company has a debt-to-equity ratio of 0.01, a fast ratio of 1.49 and a current ratio of 1.85. Viomi Technologies has the lowest value in one year of $ 1.14 and the highest year of $ 9.50. The company’s 50-day simple moving average is $ 1.62, and its two-day simple moving average is $ 2.14. The shares have a market capitalization of 103.24 million dollars, a price-earnings ratio of -73.50 and a beta of 1.25.
Separately, Zacks Investment Research in a research report on Wednesday, March 30, raised shares of Viomi Technology from a “sales” rating to a “hold” rating.
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Numerous institutional investors and hedge funds have recently added or reduced their stakes in stocks. Morgan Stanley increased its stake in Viomi Technology by 451.1% in the third quarter. Morgan Stanley now owns 12,730 shares of the company worth $ 58,000 after buying an additional 10,420 shares during the period. Jane Street Group LLC bought a new stake in Viomi Technologies in the third quarter worth approximately $ 59,000. Two Sigma Advisers LP acquired a new stake in Viomi Technology in the third quarter worth approximately $ 63,000. Citadel Advisors LLC bought a new stake in Viomi Technology in the second quarter worth approximately $ 111,000. Finally, Renaissance Technologies LLC increased its stake in Viomi Technologies by 50.5% in the first quarter. Renaissance Technologies LLC now owns 65,864 shares of the company worth $ 115,000 after buying an additional 22,100 shares during the period.
Company profile Viomi Technologi (Get a rating)
Viomi Technology Co., Ltd., through its subsidiaries, develops and sells products for smart homes with Internet-enabled things (IoT-enabled) 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, steam ovens, dishwashers, range hoods and gas stoves; and other smart products consisting of air conditioning systems, washing machines, water heaters, smart water kettles, cleaning robots, smart locks, smart TVs and other smart devices.
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