Zepp Health (NYSE:ZEPP) Shares Up 11.9% - Should You Buy?

Key Points

• Zepp Health's shares rose by 11.9% during trading, reaching a high of $54.70, following a previous close of $48.57.
• Wall Street analysts have mixed sentiments, with one analyst assigning a "buy" rating with a target price of $60.23, while another issued a "sell" rating.
• The company has a current market capitalization of $783.65 million and operates as a smart wearable and health technology company, featuring brands like Amazfit and Zepp.

Zepp Health Corporation Sponsored ADR (NYSE:ZEPP - Get Free Report) shot up 11.9% during trading on Monday . The stock traded as high as $54.70 and last traded at $54.34. 143,915 shares changed hands during mid-day trading, a decline of 50% from the average session volume of 288,866 shares. The stock had previously closed at $48.57.

Wall Street Analysts Forecast Growth

ZEPP has been the topic of several recent analyst reports. Wall Street Zen raised Zepp Health to a "hold" rating in a research note on Saturday, August 16th. Weiss Ratings reissued a "sell (d-)" rating on shares of Zepp Health in a research note on Wednesday, October 8th. Finally, Fundamental Research set a $60.23 target price on Zepp Health and gave the company a "buy" rating in a research note on Tuesday, August 26th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Zepp Health currently has an average rating of "Hold" and an average target price of $60.23.

Zepp Health Price Performance

The firm has a market cap of $783.65 million, a PE ratio of -11.19 and a beta of 1.32. The firm has a fifty day simple moving average of $43.51 and a two-hundred day simple moving average of $18.06. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.78 and a current ratio of 1.10.

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.

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