Shares of Resideo Technologies, Inc. (NYSE:REZI - Get Free Report) reached a new 52-week low on Thursday . The company traded as low as $16.59 and last traded at $16.66, with a volume of 673434 shares changing hands. The stock had previously closed at $18.62.
Resideo Technologies Stock Performance
The company has a 50-day moving average of $19.45 and a 200-day moving average of $21.81. The company has a market cap of $2.35 billion, a PE ratio of 25.28 and a beta of 2.04. The company has a quick ratio of 1.10, a current ratio of 1.82 and a debt-to-equity ratio of 0.69.
Resideo Technologies (NYSE:REZI - Get Free Report) last posted its quarterly earnings data on Thursday, February 20th. The company reported $0.51 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.59 by ($0.08). Resideo Technologies had a return on equity of 11.12% and a net margin of 1.69%. The firm had revenue of $1.86 billion for the quarter, compared to analysts' expectations of $1.84 billion. As a group, analysts anticipate that Resideo Technologies, Inc. will post 2.13 earnings per share for the current year.
Institutional Investors Weigh In On Resideo Technologies
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Quarry LP purchased a new position in shares of Resideo Technologies in the 4th quarter worth approximately $28,000. R Squared Ltd purchased a new position in Resideo Technologies in the fourth quarter worth $30,000. Versant Capital Management Inc boosted its position in Resideo Technologies by 52.1% in the first quarter. Versant Capital Management Inc now owns 3,174 shares of the company's stock worth $56,000 after purchasing an additional 1,087 shares during the last quarter. Smartleaf Asset Management LLC grew its stake in Resideo Technologies by 293.3% in the 4th quarter. Smartleaf Asset Management LLC now owns 2,600 shares of the company's stock valued at $60,000 after purchasing an additional 1,939 shares during the period. Finally, Blue Trust Inc. increased its position in shares of Resideo Technologies by 28.9% during the 4th quarter. Blue Trust Inc. now owns 3,241 shares of the company's stock valued at $75,000 after purchasing an additional 726 shares during the last quarter. Hedge funds and other institutional investors own 91.71% of the company's stock.
About Resideo Technologies
(
Get Free Report)
Resideo Technologies, Inc develops, manufactures, and sells comfort, energy management, and safety and security solutions to the commercial and residential end markets in the United States, Europe, and internationally. The company operates in two segments, Products and Solutions, and ADI Global Distribution.
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