Zepp Health (NYSE:ZEPP) Trading Up 8.3%

Zepp Health Co. (NYSE:ZEPP)’s stock price was up 8.3% during trading on Monday . The company traded as high as $1.18 and last traded at $1.17. Approximately 14,500 shares were traded during trading, a decline of 69% from the average daily volume of 46,233 shares. The stock had previously closed at $1.08.

Zepp Health Trading Up 8.3 %

The company has a quick ratio of 1.38, a current ratio of 1.92 and a debt-to-equity ratio of 0.34. The stock has a fifty day simple moving average of $1.19 and a 200 day simple moving average of $1.31. The firm has a market capitalization of $71.76 million, a P/E ratio of -1.67 and a beta of 0.87.

Institutional Investors Weigh In On Zepp Health

Large investors have recently made changes to their positions in the company. BlackRock Inc. increased its holdings in shares of Zepp Health by 1.2% in the first quarter. BlackRock Inc. now owns 612,416 shares of the company’s stock worth $1,764,000 after purchasing an additional 7,427 shares during the last quarter. State Street Corp grew its position in Zepp Health by 7.7% in the first quarter. State Street Corp now owns 283,391 shares of the company’s stock worth $844,000 after acquiring an additional 20,382 shares in the last quarter. Sei Investments Co. purchased a new position in Zepp Health in the second quarter worth about $664,000. Dimensional Fund Advisors LP grew its position in Zepp Health by 25.0% in the first quarter. Dimensional Fund Advisors LP now owns 189,774 shares of the company’s stock worth $547,000 after acquiring an additional 37,952 shares in the last quarter. Finally, Renaissance Technologies LLC grew its position in Zepp Health by 185.8% in the second quarter. Renaissance Technologies LLC now owns 106,300 shares of the company’s stock worth $197,000 after acquiring an additional 69,100 shares in the last quarter. 14.55% of the stock is owned by institutional investors.

About Zepp Health

Zepp Health Corporation, together with its subsidiaries, develops, manufactures, and sells smart wearable technological devices in the People's Republic of China. It operates through two segments, Self-Branded Products and Others and Xiaomi Wearable Products. The company offers smart bands, watches, and scales; and associated accessories, smart hearable products, home treadmill, sportswear, home appliances, and smart watch accessories under the Xiaomi and Amazfit brands.