According to Zacks, “Viomi Technology Co., Ltd develops and sells Internet-of-things-enabled home products such as water purifiers, refrigerator, fan, water dispenser, water heaters and washing machines through its subsidiaries. Viomi Technology Co., Ltd is based in Haizhu Dist Guangzhou, China. “
Shares of VIOT stock opened at $8.99 on Friday. Viomi Technology has a twelve month low of $7.24 and a twelve month high of $15.84. The stock has a fifty day moving average price of $8.61.
Hedge funds and other institutional investors have recently modified their holdings of the stock. Prospera Financial Services Inc purchased a new stake in shares of Viomi Technology during the 1st quarter worth $152,000. SG Americas Securities LLC purchased a new stake in shares of Viomi Technology during the 1st quarter worth $647,000. Norges Bank purchased a new stake in shares of Viomi Technology during the 4th quarter worth $1,365,000. CI Investments Inc. lifted its stake in shares of Viomi Technology by 0.5% during the 4th quarter. CI Investments Inc. now owns 753,900 shares of the company’s stock worth $5,880,000 after purchasing an additional 3,900 shares during the last quarter. Finally, FIL Ltd lifted its stake in shares of Viomi Technology by 38.4% during the 1st quarter. FIL Ltd now owns 1,091,703 shares of the company’s stock worth $12,085,000 after purchasing an additional 302,646 shares during the last quarter. Hedge funds and other institutional investors own 12.04% of the company’s stock.
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.
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