Viomi Technology’s (VIOT) Sell (D+) Rating Reiterated at Weiss Ratings

Weiss Ratings restated their sell (d+) rating on shares of Viomi Technology (NASDAQ:VIOT) in a research note published on Friday morning,Weiss Ratings reports.

Separately, Wall Street Zen upgraded shares of Viomi Technology from a “hold” rating to a “buy” rating in a research report on Monday, October 6th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Viomi Technology currently has an average rating of “Sell”.

Viomi Technology Stock Performance

Shares of NASDAQ:VIOT opened at $3.38 on Friday. The business has a fifty day moving average of $3.28 and a 200-day moving average of $2.45. Viomi Technology has a twelve month low of $1.21 and a twelve month high of $4.33. The firm has a market cap of $229.64 million, a PE ratio of -9.14 and a beta of 0.20.

Institutional Trading of Viomi Technology

An institutional investor recently raised its position in Viomi Technology stock. Acadian Asset Management LLC grew its holdings in Viomi Technology Co., Ltd. Sponsored ADR (NASDAQ:VIOT) by 2.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 696,888 shares of the company’s stock after purchasing an additional 16,678 shares during the quarter. Acadian Asset Management LLC owned approximately 1.02% of Viomi Technology worth $1,073,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 1.22% of the company’s stock.

About Viomi Technology

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.