Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
Viomi Technology Co Ltd ADR (NASDAQ: VIOT) closed the day trading at $2.93 down -5.79% from the previous closing price of $3.11. In other words, the price has decreased by -$5.79 from its previous closing price. On the day, 0.64 million shares were traded. VIOT stock price reached its highest trading level at $3.22 during the session, while it also had its lowest trading level at $2.9.
Ratios:
For a better understanding of VIOT, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.97 and its Current Ratio is at 2.07. In the meantime, Its Debt-to-Equity ratio is 0.11 whereas as Long-Term Debt/Eq ratio is at 0.05.
On October 22, 2018, Needham started tracking the stock assigning a Buy rating and target price of $10.Needham initiated its Buy rating on October 22, 2018, with a $10 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, VIOT now has a Market Capitalization of 199132976 and an Enterprise Value of -451922080. As of this moment, Viomi’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.68, and their Forward P/E ratio for the next fiscal year is 20.93. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.31 while its Price-to-Book (P/B) ratio in mrq is 1.01. Its current Enterprise Value per Revenue stands at -0.213 whereas that against EBITDA is -2.439.
Stock Price History:
The Beta on a monthly basis for VIOT is 0.19, which has changed by 0.9533334 over the last 52 weeks, in comparison to a change of 0.118204355 over the same period for the S&P500. Over the past 52 weeks, VIOT has reached a high of $4.33, while it has fallen to a 52-week low of $1.18. The 50-Day Moving Average of the stock is -14.69%, while the 200-Day Moving Average is calculated to be 40.00%.
Shares Statistics:
Over the past 3-months, VIOT traded about 679.23K shares per day on average, while over the past 10 days, VIOT traded about 336350 shares per day. A total of 34.85M shares are outstanding, with a floating share count of 33.67M. Insiders hold about 0.05% of the company’s shares, while institutions hold 6.12% stake in the company. Shares short for VIOT as of 1759190400 were 315014 with a Short Ratio of 0.46, compared to 1756425600 on 321258. Therefore, it implies a Short% of Shares Outstanding of 315014 and a Short% of Float of 1.4199998999999999.
