Zepp Health (NYSE:ZEPP) Stock Price Up 1.7% – Here’s Why

Zepp Health Co. (NYSE:ZEPP) traded up 1.7% during mid-day trading on Monday . The company traded as high as $2.47 and last traded at $2.41. 17,216 shares traded hands during mid-day trading, a decline of 18% from the average session volume of 20,994 shares. The stock had previously closed at $2.37.

Wall Street Analysts Forecast Growth

Separately, Fundamental Research set a $13.87 price target on Zepp Health and gave the stock a “buy” rating in a research report on Tuesday, April 22nd.

Zepp Health Stock Performance

The stock has a market capitalization of $34.94 million, a PE ratio of -0.96 and a beta of 0.86. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.87 and a current ratio of 1.21. The firm’s 50 day moving average is $2.56 and its two-hundred day moving average is $2.81.

Zepp Health (NYSE:ZEPP) last posted its quarterly earnings results on Monday, May 19th. The company reported ($1.13) EPS for the quarter. The business had revenue of $38.54 million during the quarter. Zepp Health had a negative return on equity of 12.03% and a negative net margin of 19.24%.

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.