Huami (NYSE:HMI) Stock Price Up 9.1%
Huami Corp (NYSE:HMI)’s share price rose 9.1% during trading on Wednesday . The company traded as high as $15.11 and last traded at $14.92, approximately 569,600 shares changed hands during trading. An increase of 6% from the average daily volume of 539,220 shares. The stock had previously closed at $13.68.
Separately, ValuEngine raised Huami from a “sell” rating to a “hold” rating in a report on Wednesday, January 29th.
The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.38 and a current ratio of 1.76. The company has a market cap of $812.71 million, a price-to-earnings ratio of 12.64 and a beta of 2.67. The business has a fifty day moving average price of $13.40 and a 200 day moving average price of $11.22.
A number of institutional investors and hedge funds have recently modified their holdings of HMI. Bank of America Corp DE increased its holdings in Huami by 565,235.4% in the 4th quarter. Bank of America Corp DE now owns 463,575 shares of the company’s stock worth $5,572,000 after purchasing an additional 463,493 shares in the last quarter. Renaissance Technologies LLC increased its holdings in Huami by 42.5% in the 4th quarter. Renaissance Technologies LLC now owns 676,177 shares of the company’s stock worth $8,128,000 after purchasing an additional 201,677 shares in the last quarter. SG Americas Securities LLC acquired a new position in Huami in the 3rd quarter worth about $1,316,000. Acadian Asset Management LLC increased its holdings in Huami by 163.7% in the 4th quarter. Acadian Asset Management LLC now owns 197,555 shares of the company’s stock worth $2,374,000 after purchasing an additional 122,633 shares in the last quarter. Finally, Schroder Investment Management Group acquired a new position in Huami in the 4th quarter worth about $704,000. 21.21% of the stock is owned by institutional investors and hedge funds.
Huami Company Profile (NYSE:HMI)
Huami Corporation, a biometric and activity data-driven company, develops, manufactures, and sells smart wearable technological devices in the People's Republic of China. It operates through two segments, Xiaomi Wearable Products, and Self-Branded Products and Others. The company offers smart bands, watches, and scales; and a range of accessories, including bands, watch straps, necklaces, sportswear, etc.
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