Viomi Technology (NASDAQ:VIOT) issued its quarterly earnings data on Wednesday. The company reported $0.18 earnings per share for the quarter, beating analysts’ consensus estimates of $0.17 by $0.01, Morningstar.com reports. The company had revenue of $169.00 million for the quarter. Viomi Technology updated its Q3 2019 guidance to EPS.
VIOT traded down $0.57 during trading on Thursday, reaching $8.66. The company had a trading volume of 3,433 shares, compared to its average volume of 58,280. The firm’s 50-day simple moving average is $9.00 and its 200 day simple moving average is $9.88. The company has a market cap of $631.02 million and a price-to-earnings ratio of 31.88. Viomi Technology has a 12-month low of $7.24 and a 12-month high of $15.84.
Separately, Zacks Investment Research cut shares of Viomi Technology from a “hold” rating to a “sell” rating in a research report on Saturday, July 13th.
Viomi Technology Company Profile
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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