Zepp Health (NYSE:ZEPP) Issues Quarterly Earnings Results

Zepp Health (NYSE:ZEPP) issued its earnings results on Wednesday. The company reported ($1.46) earnings per share (EPS) for the quarter, Zacks reports. Zepp Health had a negative return on equity of 12.03% and a negative net margin of 19.24%.

Zepp Health Stock Down 7.3 %

Shares of ZEPP traded down $0.24 during trading hours on Wednesday, hitting $2.99. The company had a trading volume of 59,286 shares, compared to its average volume of 20,889. The firm has a fifty day moving average price of $2.97 and a 200-day moving average price of $3.10. The stock has a market capitalization of $44.93 million, a price-to-earnings ratio of -1.19 and a beta of 0.75. Zepp Health has a 52-week low of $2.06 and a 52-week high of $4.38. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.87 and a current ratio of 1.21.

Analyst Upgrades and Downgrades

Separately, Fundamental Research set a $14.65 price target on shares of Zepp Health and gave the stock a “buy” rating in a report on Tuesday, November 26th.

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.