Zepp Health (NYSE:ZEPP) Trading 6.4% Higher - What's Next?

Key Points

• Zepp Health's share price increased by 6.4% to $48.70, with a significant decline in trading volume of 85% from the average.
• Analysts have set a new price target of $60.23 for the stock, maintaining an average rating of "Buy" based on recent reports.
• The company has a market capitalization of $707.67 million and operates in the smart wearable and health technology sector, offering products like Amazfit.

Zepp Health Corporation Sponsored ADR (NYSE:ZEPP - Get Free Report)'s share price was up 6.4% on Wednesday . The company traded as high as $48.99 and last traded at $48.70. Approximately 42,637 shares traded hands during trading, a decline of 85% from the average daily volume of 289,342 shares. The stock had previously closed at $45.78.

Analysts Set New Price Targets

ZEPP has been the subject of a number of recent research reports. Fundamental Research set a $60.23 price objective on shares of Zepp Health and gave the stock a "buy" rating in a report on Tuesday, August 26th. Wall Street Zen upgraded Zepp Health to a "hold" rating in a research note on Saturday, August 16th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has an average rating of "Buy" and an average price target of $60.23.

Zepp Health Stock Performance

The stock has a market cap of $707.67 million, a P/E ratio of -10.10 and a beta of 1.33. The firm has a 50 day moving average of $36.91 and a two-hundred day moving average of $15.16. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.78 and a current ratio of 1.10.

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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