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Zepp Health (NYSE:ZEPP) Sees Large Volume Increase - Here's Why

Zepp Health logo with Medical background

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.
  • Want stock alerts on Zepp Health? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Shares of Zepp Health Corporation Sponsored ADR (NYSE:ZEPP - Get Free Report) saw unusually-strong trading volume on Monday . Approximately 304,136 shares traded hands 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

Several equities analysts recently weighed in on ZEPP shares. Wall Street Zen raised shares of Zepp Health to a "hold" rating in a research report on Saturday, August 16th. Fundamental Research set a $60.23 price target on shares of Zepp Health and gave the company 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 an average rating of "Buy" and a consensus price target of $60.23.

View Our Latest Report on Zepp Health

Zepp Health Stock Performance

The company's 50 day simple moving average is $17.00 and its 200 day simple moving average is $7.65. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.78 and a current ratio of 1.10. The stock has a market cap of $566.59 million, a PE ratio of -8.11 and a beta of 1.11.

About Zepp Health

(Get Free Report)

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.

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