Stocks of VIZIO Holding Corp (NYSE:VZIO) traded higher last session on Wall Street, up 0.80% to $11.35.
VZIO stock price is now 1.18% away from the 50-day moving average and 6.38% away from the 200-day moving average. The market capitalization of the company currently stands at $2.28B.
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On December 13, 2023, B. Riley Securities recently initiated its ‘Buy’ rating on the stock quoting a target price of $11, while ‘BofA Securities’ rates the stock as ‘Underperform’
In other news, O’Donnell Michael Joseph, insider sold 2,555 shares of the company’s stock on Aug 21 ’24. The stock was sold for $28,445 at an average price of $11.13. Upon completion of the transaction, the insider now directly owns 602,364 shares in the company, valued at $6.84 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 21 ’24, Officer O’Donnell Michael Joseph bought 2,555 shares of the business’s stock. A total of $28,446 was incurred on buying the stock at an average price of $11.13. A total of 61.51% of the company’s stock is owned by insiders.
During the past 12 months, VIZIO Holding Corp has had a low of $5.26 and a high of $11.37. As of last week, the company has a debt-to-equity ratio of 0.03, a current ratio of 1.66, and a quick ratio of 1.60. The fifty day moving average price for VZIO is $11.2146 and a two-hundred day moving average price translates $10.65015 for the stock.
The latest earnings results from VIZIO Holding Corp (NYSE: VZIO) was released for 2024-06-30. The net profit margin was 0.88% and return on equity was 3.50% for VZIO. The company reported revenue of $437.3 million for the quarter, compared to $394.4 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 10.88 percent.
