Somewhat Positive News Coverage Somewhat Unlikely to Affect Huami (HMI) Share Price

Media headlines about Huami (NYSE:HMI) have trended somewhat positive recently, according to Accern Sentiment. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Huami earned a coverage optimism score of 0.23 on Accern’s scale. Accern also gave press coverage about the company an impact score of 47.8811459569987 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

Separately, Credit Suisse Group assumed coverage on shares of Huami in a report on Monday, March 5th. They set an “outperform” rating and a $15.40 price objective for the company.

Huami (HMI) traded up $0.03 on Tuesday, hitting $11.42. 41,529 shares of the company’s stock traded hands, compared to its average volume of 298,648. Huami has a twelve month low of $10.53 and a twelve month high of $12.62.

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Huami Company Profile

Huami Corp is engaged in developing smart wearable technology. The Company designs and develops biometric and activity data-driven fitness and smart watches. The Company markets its products under the brand name, Amazfit and is the sole partner for Xiaomi wearable products. The Amazfit range of products includes Amazfit BIP, Amazfit pace, Amazfit equator, Amazfit ARC, and accessories, such as sports bands, watch straps, ear buds, charging units, and core trackers.

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