Recent Research Analysts’ Ratings Changes for Viomi Technology (VIOT)

A number of research firms have changed their ratings and price targets for Viomi Technology (NASDAQ: VIOT):

  • 6/5/2019 – Viomi Technology was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Viomi Technology Co., Ltd develops and sells Internet-of-things-enabled home products such as water purifiers, refrigerator, fan, water dispenser, water heaters and washing machines through its subsidiaries. Viomi Technology Co., Ltd is based in Haizhu Dist Guangzhou, China. “
  • 5/28/2019 – Viomi Technology was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Viomi Technology Co., Ltd develops and sells Internet-of-things-enabled home products such as water purifiers, refrigerator, fan, water dispenser, water heaters and washing machines through its subsidiaries. Viomi Technology Co., Ltd is based in Haizhu Dist Guangzhou, China. “
  • 5/22/2019 – Viomi Technology was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Viomi Technology Co., Ltd develops and sells Internet-of-things-enabled home products such as water purifiers, refrigerator, fan, water dispenser, water heaters and washing machines through its subsidiaries. Viomi Technology Co., Ltd is based in Haizhu Dist Guangzhou, China. “
  • 5/16/2019 – Viomi Technology was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Viomi Technology Co., Ltd develops and sells Internet-of-things-enabled home products such as water purifiers, refrigerator, fan, water dispenser, water heaters and washing machines through its subsidiaries. Viomi Technology Co., Ltd is based in Haizhu Dist Guangzhou, China. “
  • 5/9/2019 – Viomi Technology was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Viomi Technology Co., Ltd develops and sells Internet-of-things-enabled home products such as water purifiers, refrigerator, fan, water dispenser, water heaters and washing machines through its subsidiaries. Viomi Technology Co., Ltd is based in Haizhu Dist Guangzhou, China. “
  • 5/2/2019 – Viomi Technology was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Viomi Technology Co., Ltd develops and sells Internet-of-things-enabled home products such as water purifiers, refrigerator, fan, water dispenser, water heaters and washing machines through its subsidiaries. Viomi Technology Co., Ltd is based in Haizhu Dist Guangzhou, China. “
  • 4/26/2019 – Viomi Technology was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Viomi Technology Co., Ltd develops and sells Internet-of-things-enabled home products such as water purifiers, refrigerator, fan, water dispenser, water heaters and washing machines through its subsidiaries. Viomi Technology Co., Ltd is based in Haizhu Dist Guangzhou, China. “
  • 4/19/2019 – Viomi Technology was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Viomi Technology Co., Ltd develops and sells Internet-of-things-enabled home products such as water purifiers, refrigerator, fan, water dispenser, water heaters and washing machines through its subsidiaries. Viomi Technology Co., Ltd is based in Haizhu Dist Guangzhou, China. “

Shares of Viomi Technology stock traded up $0.30 on Wednesday, reaching $9.00. The company had a trading volume of 3,263 shares, compared to its average volume of 164,611. The stock has a market cap of $586.69 million and a price-to-earnings ratio of 32.14. Viomi Technology Co Ltd – has a 1 year low of $7.24 and a 1 year high of $15.84.

Viomi Technology (NASDAQ:VIOT) last announced its earnings results on Thursday, May 23rd. The company reported $0.08 EPS for the quarter, missing the Zacks’ consensus estimate of $0.17 by ($0.09). The firm had revenue of $676.20 million during the quarter, compared to analysts’ expectations of $682.00 million. Viomi Technology’s revenue was up 104.4% on a year-over-year basis. Equities analysts expect that Viomi Technology Co Ltd – will post 0.94 EPS for the current year.

Institutional investors have recently made changes to their positions in the company. Prospera Financial Services Inc purchased a new position in Viomi Technology during the 1st quarter valued at $152,000. Hsbc Holdings PLC purchased a new position in Viomi Technology during the 1st quarter valued at $238,000. SG Americas Securities LLC purchased a new position in Viomi Technology during the 1st quarter valued at $647,000. Norges Bank purchased a new position in Viomi Technology during the 4th quarter valued at $1,365,000. Finally, CI Investments Inc. boosted its holdings in Viomi Technology by 0.5% during the 4th quarter. CI Investments Inc. now owns 753,900 shares of the company’s stock valued at $5,880,000 after acquiring an additional 3,900 shares during the period. Hedge funds and other institutional investors own 12.04% of the company’s stock.

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 smart water kettles, washing machines, water heaters, and others.

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