Zepp Health (NYSE:ZEPP) Reaches New 12-Month High - Still a 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)'s stock price reached a new 52-week high during trading on Tuesday . The stock traded as high as $49.96 and last traded at $46.49, with a volume of 326699 shares traded. The stock had previously closed at $45.00.

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. Fundamental Research set a $60.23 target price on Zepp Health and gave the company a "buy" rating in a research report on Tuesday, August 26th. Wall Street Zen raised Zepp Health to a "hold" rating in a research report on Saturday, August 16th. One equities research 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 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 $719.88 million, a price-to-earnings ratio of -10.28 and a beta of 1.33. The company has a 50-day moving average of $23.22 and a 200-day moving average of $9.82.

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.