Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The price of Viomi Technology Co Ltd ADR (NASDAQ: VIOT) closed at $2.73 in the last session, up 3.41% from day before closing price of $2.64. In other words, the price has increased by $3.41 from its previous closing price. On the day, 8.28 million shares were traded. VIOT stock price reached its highest trading level at $3.55 during the session, while it also had its lowest trading level at $2.56.
Ratios:
We take a closer look at VIOT’s different ratios to gain a better understanding of the stock. 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 186207008 and an Enterprise Value of -773079808. As of this moment, Viomi’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.13, and their Forward P/E ratio for the next fiscal year is 20.98. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.29 while its Price-to-Book (P/B) ratio in mrq is 0.94. Its current Enterprise Value per Revenue stands at -0.365 whereas that against EBITDA is -3.495.
Stock Price History:
The Beta on a monthly basis for VIOT is 0.02, which has changed by 2.0333333 over the last 52 weeks, in comparison to a change of 0.10500872 over the same period for the S&P500. Over the past 52 weeks, VIOT has reached a high of $2.86, while it has fallen to a 52-week low of $0.82. The 50-Day Moving Average of the stock is 91.95%, while the 200-Day Moving Average is calculated to be 83.08%.
Shares Statistics:
According to the various share statistics, VIOT traded on average about 403.66K shares per day over the past 3-months and 2540940 shares per day over the past 10 days. A total of 34.85M shares are outstanding, with a floating share count of 33.92M. Insiders hold about 0.13% of the company’s shares, while institutions hold 3.68% stake in the company. Shares short for VIOT as of 1749772800 were 4664 with a Short Ratio of 0.01, compared to 1747267200 on 5567. Therefore, it implies a Short% of Shares Outstanding of 4664 and a Short% of Float of 0.02.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0