Zepp Health (NYSE:ZEPP) Shares Up 5.7% - Should You Buy?

Key Points

• Zepp Health (NYSE: ZEPP) shares rose by 5.7%, trading as high as $55.80 before closing at $54.45 during Wednesday's trading session.
• Despite the recent uptick, several analysts maintain mixed opinions with Weiss Ratings giving a "sell" rating and Fundamental Research setting a $60.23 price target and a "buy" rating.
• Zepp Health operates in the smart wearable and health technology sector and has a current market cap of $789.54 million along with a negative price-to-earnings ratio of -11.27.

Zepp Health Corporation Sponsored ADR (NYSE:ZEPP - Get Free Report) shares shot up 5.7% during trading on Wednesday . The stock traded as high as $55.80 and last traded at $54.45. 190,977 shares traded hands during trading, a decline of 29% from the average session volume of 268,220 shares. The stock had previously closed at $51.50.

Analyst Upgrades and Downgrades

Several research firms have recently commented on ZEPP. Weiss Ratings restated a "sell (d-)" rating on shares of Zepp Health in a research report on Wednesday, October 8th. Fundamental Research set a $60.23 price target on Zepp Health and gave the stock a "buy" rating in a research report on Tuesday, August 26th. Finally, Wall Street Zen upgraded 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 and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $60.23.

Zepp Health Stock Up 5.7%

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 company has a market cap of $789.54 million, a price-to-earnings ratio of -11.27 and a beta of 1.32. The business has a 50-day simple moving average of $45.31 and a 200-day simple moving average of $18.86.

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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