Cloud-connected smart home technology company Viomi Technology (VIOT, Financial) recently experienced a significant stock price increase of 5.56%, bringing its share price to $1.52. The trading volume reached 127,275 shares with a turnover rate of 0.19% and a price fluctuation of 4.03%.
Viomi Technology's latest financial report reveals a revenue of $144 million and a net profit of $829,162.93, translating to earnings per share of $0.01. The company reported a gross profit of $35.77 million, although it currently holds a negative price-to-earnings ratio of -33.04. As of now, no institutional ratings for buying, holding, or selling the stock have been issued.
Within the home appliances industry, where Viomi Technology operates, the overall sector saw an increase of 2.39%. Notable performers in the industry include Irobot Corporation, Sleep Number Corporation, and Hooker Furniture, which posted significant gains. Aterian, Inc., Irobot Corporation, and Woodmark showed high trading activity with turnover rates of 2.47%, 1.99%, and 1.09%, respectively. Stocks with notable price fluctuations included Aterian, Inc. at 23.01%, Northann Corp. at 8.67%, and Sleep Number Corporation at 8.57%.
Viomi Technology, along with its subsidiaries, provides IoT-enabled smart home products through its platform. The company's offerings include a diverse range of IoT home products, water solutions, and small appliances. Their product lineup features smart kitchen appliances like refrigerators, steam ovens, dishwashers, gas stoves, air conditioning systems, washing machines, water heaters, smart kettles, interactive smart screens, and a variety of other smart devices. Additionally, Viomi offers home water solutions, including both its own brand and Xiaomi-branded smart water purifiers.
