Zepp Health (NYSE:ZEPP) Sets New 12-Month High - Should You Buy?

Key Points

• Zepp Health Corporation shares reached a new 52-week high at $49.96, closing last at $46.49, with a significant trading volume of 326,699 shares.
• Analysts from Fundamental Research have set a target price of $60.23 on Zepp Health, rating it as a "buy," while the stock holds an average rating of "buy" with the same consensus price target according to MarketBeat.com.
• The company has a market cap of $643.95 million and operates in smart wearable and health technology through brands like Amazfit and Zepp Aura.

Zepp Health Corporation Sponsored ADR (NYSE:ZEPP - Get Free Report) shares reached a new 52-week high on Tuesday . The company traded as high as $49.96 and last traded at $46.49, with a volume of 326699 shares. The stock had previously closed at $45.00.

Analyst Ratings Changes

A number of research firms have weighed in on ZEPP. Fundamental Research set a $60.23 target price on Zepp Health and gave the stock a "buy" rating in a research report on Tuesday, August 26th. Wall Street Zen upgraded Zepp Health to a "hold" rating in a research report on Saturday, August 16th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus price target of $60.23.

Zepp Health Price Performance

The business has a 50-day moving average price of $19.40 and a 200 day moving average price of $8.54. 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 company has a market cap of $643.95 million, a price-to-earnings ratio of -9.39 and a beta of 1.31.

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.

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