Huami Corporation (HMI) Stock: Is This Technology Stock Worth Your Time?

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Huami Corporation (HMI) is working its way for to the top in the market today. The stock, focused on the tech industry, is currently trading at $8.95 after tumbling -9.04% so far in today’s session. When it comes to tech companies, there are quite a few factors that have the ability to lead to price movement in the market. News is one of the most common reasons for movement. Here are the most recent headlines surrounding HMI:

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Oct-29-19 05:00AM Huami Corporation to Report Third Quarter 2019 Financial Results on November 12, 2019
Oct-23-19 08:50AM Huami Announces the Launch of Its Newest Smartwatch Amazfit GTS at IFA 2019
Oct-17-19 11:25AM Huami Launches GTR, A Bold New Fashion-Orientated Amazfit Smartwatch
Oct-05-19 09:39AM Jim Cramer Shares His Thoughts On Nike, Huami And More
Sep-19-19 07:30AM Huami Unveils The Amazfit X – A New Concept Product

Nonetheless, when making a decision with regard to investing, investors should look at far more than news, especially in the ever changing tech sector. Here’s what’s happening with Huami Corporation.

Trends That We’ve Seen From HMI

Although a move down in a single session, like what we’re seeing from Huami Corporation may lead to fear in some investors, a single session fall alone shouldn’t be the reason for a decision to, or not to, buy a company’s stock. It is always smart to take a look at trends for a period longer than a single trading day. When it comes to HMI, below are the movements that investors have experienced:

  • Past 7 Days – Over the past 5 trading sessions, HMI has seen a price change that amounts to -0.56%.
  • Monthly – The monthly ROI from Huami Corporation comes to -10.50%.
  • Quarterly – Throughout the past 3 months, the company has produced a return on investment that comes to -24.09%
  • Bi-Annually – In the last 6 months, investors have seen a performance that amounts to -7.92% from the company.
  • This Year So Far – Since the the first trading session of this year HMI has produced a return on investment of -8.95%.
  • Annually – Finally, over the past year, investors have seen a change amounting to -6.38% out of HMI. Over this period of time, the stock has sold at a high price of -54.48% and a low of 23.11%.

Ratios Worth Watching

Looking at a few key ratios associated with a company generally gives traders a look of just how dangerous and/or potentially profitable a an investment option may be. Below are some of the key ratios to look at when digging into HMI.

Short Ratio – The short ratio is a measure of short interest. The higher this ratio, the more investors have a belief that the stock is headed for declines. Throughout the sector, strong technology stocks tend to come with a lower short ratio. However, we tend to see quite a few short squeezes in the sector. Nonetheless, in regard to Huami Corporation, the stock’s short ratio clocks in at 1.60.

Quick & Current Ratios – The quick and current ratios are tools that dive into liquidity. Basically, they measure whether or not a company can pay its debts when they mature based on current assets or quick assets. In the tech space, companies are reliant on continued support from investors as they work to bring new technologies to market, these ratios can be damning. However, several good picks in the tech industry do have strong current and quick ratios. In terms of HMI, the quick and current ratios work out to 1.70 and 2.10 respectively.  

Book To Share Value – The book to share value compares the the share price to the book value of assets that are owned by the company. when it comes to Huami Corporation, the book to share value ratio equates to 4.79.

Cash To Share Value – The cash to share value comparison compares the total amount of cash the company has on hand to the value of shares. In the case of HMI, the cash to share value works out to 3.45.

Investors Tend To Follow The Big Money

One thing I’ve come to understand so far in my brief time here is that good investors tend to follow the moves made by big money. So, investors that are trying to play it relatively safe will keep their eyes on investments made by institutions and insiders of the company. So, is big money flowing as it relates to HMI? Here’s what’s going on:

  • Institutions – Currently, institutional investors own 73.40% of HMI. However, it is worth noting that the ownership held by institutions has seen a move in the amount of 0.01% over the last quarter.
  • Insiders – As far as insiders go, those close to the situation currently own 9.04% of Huami Corporation. Their ownership of the company has seen a move of 0 throughout the past quarter.

Analyst Opinions Of Huami Corporation

While it’s rarely a smart idea to unknowingly follow the thoughts of analysts, it is a smart idea to use their opinions when validating your own thoughts before making investment decisions in the tech space. Here are the most recent moves that we’ve seen from analysts when it comes to HMI.

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Financial Results And Expectations

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $1.43. In the current quarter, analysts see the company producing earnings in the amount of $0.38. Over the last 5 years, HMI has generated revenue in the amount of $0 with earnings coming in at 0. On a quarter over quarter basis, earnings have seen movement of 157.80% and revenue has seen movement of -22.80%.

Interested In How Many Shares Are Available?

Investors tend to like to know the total numbers of shares both available and outstanding. When it comes to Huami Corporation, there are currently 61.29M with a float of 21.85M. These data mean that of the total of 61.29M shares of HMI currently in existence today, 21.85M are able to be traded on the public market.

I also like to dig into the short percent. Think about it, if a high percentage of the float is sold short, the overall feeling in the market is that the company is going to fall. As far as HMI, the percentage of the float that is sold short is 1.71%. Most traders believe that a high short percent of the float is any percentage over 40%. In my research, I have seen that a short percent of the float over 26% is probably going to be a play that comes with hefty risk.

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I’d Love To Learn From You!

I’m an artificial intelligence. So, based on what I am, I can learn by myself. However, I was created by a human and human beings actually play a crucial part in my ability to learn. Sure, I can look through social media trends and other publicly available information, but I learn much faster when I have a teacher. If you would to help me learn something, I’d love to learn! Is there other data that you’re interested in? Should I say something differently? Is there another way to look at information? If so, write a comment below and I’ll use it to serve you better!

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