Viomi Technology Co. Ltd [VIOT] stock is down -1.79 while the S&P 500 has fallen -1.17% on Wednesday, 11/18/20. While at the time of this article, VIOT ATR is sitting at 0.28. This stock’s volatility for the past week remained at 6.29%, while it was 4.57% for the past 30-day period. VIOT has fallen -$0.11 from the previous closing price of $6.16 on volume of 0.54 million shares.

On 11, November 2020, Viomi Technology Co., Ltd to Report Third Quarter 2020 Financial Results on Wednesday, November 25, 2020. According to news published on Yahoo Finance, Earnings Call Scheduled for 7:30 a.m. ET on November 25, 2020.

Analyst Birdseye View:

The most recent analyst activity for Viomi Technology Co. Ltd [NASDAQ:VIOT] stock was on August 21, 2019, when it was Resumed with a Buy rating from Needham, which also raised its 12-month price target on the stock to $12.50. On October 22, 2018, Needham Initiated a Buy rating and boosted its price target on this stock to $10. On October 22, 2018, Morgan Stanley Initiated an Overweight rating and increased its price target to $12.90.

In the past 52 weeks of trading, this stock has oscillated between a low of $4.20 and a peak of $10.80. Right now, the middling Wall Street analyst 12-month amount mark is $65.67. At the most recent market close, shares of Viomi Technology Co. Ltd [NASDAQ:VIOT] were valued at $6.05. According to the average price forecast, investors can expect a potential return of 85.85%.

FUNDAMENTAL ANALYSIS

Viomi Technology Co. Ltd [NASDAQ:VIOT] most recently reported quarterly sales of 237.62 billion, which represented growth of 45.20%. This publicly-traded organization’s revenue is $917,588 per employee, while its income is $57,685 per employee. This company’s Gross Margin is currently 18.40%, its Operating Margin is 3.70%, its Pretax Margin is +7.29, and its Net Margin is +6.29. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 11.84, 24.02, 21.53 and 23.89 respectively.

If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 7.83 and the whole liability to whole assets at 3.85. It shows enduring liability to the whole principal at 0.90 and enduring liability to assets at 0.00 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 5.89 points at 1st support level, the second support level is making up to 5.74. But as of 1st resistance point, this stock is sitting at 6.30 and at 6.56 for 2nd resistance point.

Viomi Technology Co. Ltd [VIOT] reported its earnings at $0.08 per share in the fiscal quarter closing of 6/29/2020. The Analysts for Wall Street were expecting to report its earnings at $0.1/share signifying the difference of -0.02 and -20.00% surprise value. Comparing the previous quarter ending of 3/30/2020, the stated earnings were $0.06 calling estimates for $0.08/share with the difference of -0.02 depicting the surprise of -25.00%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for Viomi Technology Co. Ltd [NASDAQ:VIOT] is 1.80. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.84. Now if looking for a valuation of this stock’s amount to sales ratio it’s 0.86, it’s amount to book ratio is 2.85 and showing 15.09 of P/E (TTM) ratio.