Viomi Technology (NASDAQ:VIOT) Trading Up 4.7% – Here’s Why

Viomi Technology Co., Ltd (NASDAQ:VIOTGet Free Report) rose 4.7% during mid-day trading on Friday . The company traded as high as $1.37 and last traded at $1.35. Approximately 88,887 shares changed hands during trading, a decline of 50% from the average daily volume of 177,332 shares. The stock had previously closed at $1.29.

Viomi Technology Trading Up 4.7 %

The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.49 and a current ratio of 1.79. The business’s fifty day moving average price is $1.47 and its 200-day moving average price is $1.08.

Viomi Technology Company Profile

(Get Free Report)

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 air conditioning systems, washing machines, water heaters, smart water kettles, sweeper robots, smart locks, and other smart devices, as well as blenders.

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