Zepp Health (NYSE:ZEPP) Sees Strong Trading Volume - Should You Buy?

Key Points

• Zepp Health Corporation's shares experienced a significant increase in trading volume, with 304,136 shares traded on Monday, marking a 10% rise from the previous session.
• Wall Street analysts have recently upgraded Zepp Health to a "hold" rating, while the stock has an average "buy" rating and a price target of $13.87.
• The company operates in the smart wearable technology sector and has a market capitalization of $568.40 million, with a current ratio of 1.10 and a negative price-to-earnings ratio of -8.12.

Zepp Health Corporation Sponsored ADR (NYSE:ZEPP - Get Free Report) shares saw unusually-high trading volume on Monday . Approximately 304,136 shares were traded during trading, an increase of 10% from the previous session's volume of 275,762 shares.The stock last traded at $39.22 and had previously closed at $40.02.

Analysts Set New Price Targets

A number of equities research analysts have commented on the company. Wall Street Zen raised Zepp Health to a "hold" rating in a report on Saturday, August 16th. Fundamental Research set a $60.23 price objective on Zepp Health and gave the stock a "buy" rating in a research report on Tuesday. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has a consensus rating of "Buy" and a consensus target price of $60.23.

Zepp Health Stock Performance

The company has a current ratio of 1.10, a quick ratio of 0.78 and a debt-to-equity ratio of 0.31. The firm has a market capitalization of $649.96 million, a price-to-earnings ratio of -9.28 and a beta of 1.11. The company has a 50-day moving average of $18.55 and a 200-day moving average of $8.17.

About Zepp Health

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.