Zepp Health (ZEPP, Financial), a company specializing in smart health wearables, witnessed a significant stock decline, falling by 6.81%. The stock is currently priced at $3.42 per share, with a trading volume of 8,403 shares and a turnover rate of 0.06%. The price fluctuation amplitude is 2.72%.
Recent financial results reveal Zepp Health reported a revenue of $40.64 million, with a net loss of $10.84 million. The earnings per share stand at -$0.67, and the gross profit is $16.36 million, resulting in a price-to-earnings ratio of -2.19.
The company has received a "buy" recommendation from the single rating institution covering it, with no institutions recommending hold or sell.
Within the consumer electronics sector, where Zepp Health operates, there has been an overall rise of 1.51%. Stocks showing notable increases include Pixie Dust Technologies Inc, Emerson Radio Corporation, and GoPro, Inc. Meanwhile, Algorhythm Holdings, Inc., LianDai Technology, and Gauss Electronics have shown high activity with turnover rates of 8.09%, 1.95%, and 1.82% respectively. Significant price swings are noted in Hoi Bon Holdings, Foxx Development Holdings Inc., and Algorhythm Holdings, Inc. with amplitudes of 17.89%, 14.98%, and 12.09% respectively.
Zepp Health's business focuses on the production of smart wearable health products, divided into Xiaomi wearables and self-branded products. The majority of its revenue is generated from its Xiaomi wearables division.
