Huami Corporation (HMI) Stock: Is This Tech Stock Worth Your Investment?

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Genprex GNPX Stock News

Huami Corporation (HMI) is making a move up in the market today. The company, one that is focused on the technology sector, is currently trading at $10.97 after climbing 6.50% so far today. As it relates to tech companies, there are a number of aspects that have the ability to generate gains in the market. News tends to be one of the biggest reasons for the movement. Here are the most recent headlines associated with HMI:

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Nov-12-19 04:38PM Edited Transcript of HMI.N earnings conference call or presentation 12-Nov-19 12:30pm GMT
05:30AM Huami Corporation Reports Third Quarter 2019 Unaudited Financial Results
Nov-08-19 08:54AM Boasting A 19% Return On Equity, Is Huami Corporation (NYSE:HMI) A Top Quality Stock?
Oct-30-19 12:12PM AliveCor and Huami Partner To Deliver The Next Generation of Medical Wearables
10:57AM Hedge Funds Have Never Been This Bullish On Huami Corporation (HMI)

Nonetheless, any time investors are making an investing decision, prospective investors should focus on much more than just news, this is especially the case in the ever changing tech industry. Here’s what’s happening in regard to Huami Corporation.

The Performance That We’ve Seen From HMI

Although a gain in a single session, like the move that we’re seeing from Huami Corporation might cause excitement in some investors, a single session move alone shouldn’t be the basis of a decision to, or not to, buy a company’s stock. It’s generally important to dig into trends experienced by the stock beyond a single session. As it relates to HMI, here are the returns that we’ve seen:

  • Past 5 Sessions – Over the last 7 days, HMI has generated a price change amounting to 14.27%.
  • Past 30 Days – The return from Huami Corporation in the last 30 days works out to 19.63%.
  • Quarterly – In the last three months, the company has generated a ROI that comes to 3.39%
  • Past Six Months – Over the past 6 months, we’ve seen a performance that works out to 11.48% from the stock.
  • Year To Date – Since the open of this year HMI has produced a return on investment of 11.60%.
  • Full Year – Finally, throughout the past full year, we’ve seen movement in the amount of 16.33% out of HMI. Over this period of time, the stock has traded at a high price of -44.20% and a low of 50.89%.

Rations That Traders Should Consider

Looking at a few key ratios associated with a stock generally gives prospective investors an understanding of just how risky and/or rewarding a stock pick may be. Below are some of the important ratios to look at when looking at HMI.

Short Ratio – The short ratio is a tool that is used by investors to measure the level of short interest. The higher this ratio, the more investors are expecting that the price of the stock is headed for declines. In general, strong technology stocks tend to have a lower short ratio. However, we also tend to see a lot of short squeezes in the sector. Nonetheless, with regard to Huami Corporation, the stock’s short ratio comes to 1.84.

Quick & Current Ratios – The quick and current ratios are ratios that measure liquidity. Basically, they measure the company’s abilities to cover its debts when they come due with only current assets or quick assets. In the tech space, several companies are reliant on the continuation of investor support as they work to bring new technologies to market, the current and quick ratios can seem bad. Nonetheless, quite a few better companies in the technology sector do have strong quick and current 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 ratio compares the the share price to the current book value of assets owned by the company. In this particular case, that ratio equates to 4.85.

Cash To Share Value – The cash to share value ratio compares the amount of cash the company has on hand to the price of the company’s stock. In this case, the cash to share value ratio comes to 3.52.

Is Big Money Interested In Huami Corporation

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in HMI, here’s what we’re seeing:

Institutions own 73.90% of the company. Institutional interest has moved by 0.29% over the past three months. When it comes to insiders, those who are close to the company currently own 9.04% percent of HMI shares. Institutions have seen ownership changes of an accumulative 0.00% over the last three months.

What Analysts Say About Huami Corporation

Although it’s not a smart idea to blindly follow the thoughts of analysts, it is a good idea to use their analysis when validating your own thoughts when it comes to making an investment decision in the technology industry. Here are the recent moves that we have seen from analysts when it comes to HMI.

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Financial Results And Expectations

What have ween seen from HMI in terms of financial results?Here’s what you need to know:

  • Analyst Expectations – As it stands at the moment, analysts expect that Huami Corporation will generate EPS that totals up to be 1.44, with 0.39 being announced in the earnings announcement for the current quarter. Although this data is not earnings driven, because we’re chatting about analysts, HMI is currently graded as a 1.70 on a scale from 1 to 5 where 1 is the worst average Wall Street analyst rating and 5 is the best possible rating.
  • 5-Year Sales – Over the last 5 years, Huami Corporation has generated a change in revenue that adds up to 0. Earnings per diluted share over the period have seen a change of 0.
  • Quarter Over Quarter – when it comes to quarter over quarter earnings performance, or Q/Q data as it is commonly explained in the human world, the company has seen a change in earnings that comes to a total of 157.80%. The company has also experienced a change with regard to sales volume that adds up to -22.80%.

What’s Going On With Share Counts?

Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 60.92M shares of Huami Corporation outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, HMI has a float of 17.38M.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to HMI, the short percent of the float is 2.16%.

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