Weiss Ratings Reiterates "Sell (D-)" Rating for Zepp Health (NYSE:ZEPP)

Key Points

• Weiss Ratings has reiterated a "Sell (D-)" rating for Zepp Health (NYSE:ZEPP), indicating ongoing concerns about the company's stock performance.
• Despite Weiss Ratings' negative outlook, Fundamental Research has set a higher price target of $60.23 and given Zepp Health a "Buy" rating in contrast.
• Zepp Health's stock has experienced a 0.7% decline in trading, reaching a price of $56.98, with an average volume significantly lower than typical.

Zepp Health (NYSE:ZEPP - Get Free Report)'s stock had its "sell (d-)" rating reiterated by Weiss Ratings in a research note issued on Wednesday,Weiss Ratings reports.

ZEPP has been the subject of a number of other research reports. Fundamental Research set a $60.23 price target on Zepp Health and gave the company a "buy" rating in a research note on Tuesday, August 26th. Wall Street Zen raised shares of Zepp Health to a "hold" rating in a report on Saturday, August 16th. One equities research analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $60.23.

Zepp Health Trading Down 0.7%

Zepp Health stock traded down $0.41 during trading hours on Wednesday, reaching $56.98. 72,577 shares of the company's stock were exchanged, compared to its average volume of 288,129. The company has a quick ratio of 0.78, a current ratio of 1.10 and a debt-to-equity ratio of 0.31. The firm's 50 day simple moving average is $40.94 and its 200 day simple moving average is $16.86. The firm has a market capitalization of $826.21 million, a PE ratio of -11.80 and a beta of 1.32. Zepp Health has a twelve month low of $2.13 and a twelve month high of $59.90.

Zepp Health Company Profile

Zepp Health Corporation operates as a smart wearable and health technology company worldwide. The company operates in two segments: Self-Branded Products and Others, and Xiaomi Wearable Products. It empowers users to live lives by optimizing health, fitness, and wellness journeys through its consumer brands, Amazfit, Zepp Clarity, and Zepp Aura.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.