Viomi Technology (NASDAQ:VIOT) announced 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.
NASDAQ VIOT traded down $0.57 on Thursday, reaching $8.66. 3,433 shares of the company’s stock traded hands, compared to its average volume of 58,280. The firm has a market cap of $631.02 million and a price-to-earnings ratio of 31.04. The stock has a 50 day moving average price of $9.00 and a 200-day moving average price of $9.88. Viomi Technology has a fifty-two week low of $7.24 and a fifty-two week high of $15.84.
Separately, Zacks Investment Research downgraded shares of Viomi Technology from a “hold” rating to a “sell” rating in a research report on Saturday, July 13th.
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 smart water kettles, washing machines, water heaters, and others.
Read More: Correction
Receive News & Ratings for Viomi Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Viomi Technology and related companies with MarketBeat.com's FREE daily email newsletter.